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Use the following data to determine the total dollar amount of assets to be classified as current assets. Koonce Office Supplies Balance Sheet December 31,

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Use the following data to determine the total dollar amount of assets to be classified as current assets. Koonce Office Supplies Balance Sheet December 31, 2022 Cash $ 195,000 $ 210,000 Accounts receivable 150,000 Accounts payable Salaries and wages payable Mortgage payable Total liabilities 30,000 Inventory 240.000 165,000 90,000 255,000 270,000 Prepaid insurance Stock investments Land $480,000 Buildings $315,000 $360,000 Less: Accumulated 750.000 Common stock Retained earnings Total stockholders equity Total liabilities and stockholders' equity depreciation (60.000) 255,000 1.110.000 Goodwill Total assets 210.000 $1,590,000 $1.590.000 $600,000 $510,000 $855,000 $435.000

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