Use the following data to determine the total dollar amount of assets to be dlassified as current assets. Metlock, Inc. Balance Sheet December 31, 2017 Cash $194000 $198000 Accounts payable Salaries and wages payable Mortgage payable Accounts receivable 160000 29000 153000 244500 Inventory Prepaid insurance Stock investments (long-term) 89100 Total liabilities $471500 270000 Land 298000 Buildings $321000 Common stock $434600 Less: Accumulated depreciation (62000) 259000 Retained earnings 736000 219000 $1170600 Total stockholders' equity Total liabilities and stockholders' equity Trademarks $1642100 $1642100 Total assets $443100 $596100 $866100 $507000 Blossom Company has assets of $4274000, common stock of $1037000, and retained earnings of $600000. What are the creditors' dlaims on their assets? $4821000 O $3967000 $1951000 $2637000 What is the maturity value of a $25,000, 9% , 4-month note receivable issued on December 1 if the company has a fiscal year end on December 31? e $25,750 e $25,000 $27,250 O $25,250 Question 33 Wildhorse's Market used the perpetual method to record the following events involving a recent purchase of inventory: Received goods for $81400, terms 2/13, n/30. Retuned $1300 of the shipment for credit. Paid $500 freight on the shipment. Paid the invoice within the discount period. As a result of these events, the company's inventory increased by $78498. increased by $80600. increased by $78988. increased by $78998