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Use the following data to determine the total dollar amount of assets to be classified as investments. Ayayai Corp. Balance Sheet December 31, 2022 Cash

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Use the following data to determine the total dollar amount of assets to be classified as investments. Ayayai Corp. Balance Sheet December 31, 2022 Cash and cash equivalents $72500 Accounts payable $142000 Accounts receivable 100500 Salaries and wages payable 18700 Inventory 136000 Bonds payable 167500 Prepaid insurance 80000 Total liabilities $328200 Stock investments 194500 Land 186000 Buildings $210000 Common stock $204300 Less: Accumulated depreciation (60500) 149500 Retained earnings 505000 Trademarks 118500 Total stockholders equity $709300 Total assets $1037500 Total liabilities and stockholders' equity $1037500

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