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Use the following data to determine the total dollar amount of assets to be classified as current assets. $205000 28000 232000 $465000 Cash Accounts receivable

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Use the following data to determine the total dollar amount of assets to be classified as current assets. $205000 28000 232000 $465000 Cash Accounts receivable Inventory Prepaid insurance Stock investments (long-term) Land Buildings Less: Accumulated depreciation Metlock, Inc. Balance Sheet December 31, 2022 $188000 Accounts payable 151000 Salaries and wages payable 171000 Mortgage payable 91900 Total liabilities 251000 260000 $308000 Common stock (625b0) 245500 Retained earnings Total stockholders' 217000 equity Total liabilities and $1575400 stockholders' equity $377900 732500 Goodwill $1110400 Total assets $1575400 O $852900 $510000 $430900 O $601900

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