Use the following data to determine the total dollar amount of assets to be classified as investments. $135500 10300 170500 $316300 Cash and cash equivalents Accounts receivable Inventory Prepaid insurance Stock investments Land Buildings Less: Accumulated depreciation Trademarks Splish Brothers Inc. Balance Sheet December 31, 2022 $66500 Accounts payable Salaries and wages 91500 payable 144500 Bonds payable 86000 Total liabilities 184500 187500 $230000 Common stock (57500) 172500 Retained earnings 119000 Total stockholders equity Total liabilities and $1052000 stockholders equity $225700 510000 $735700 Total assets $1052000 O $329000 $184500 O $276000 $0 Save for Later Attempts: 0 of 1 used Submit An nit Answer Use the following data to calculate the current ratio. Cash Kingbird, Inc. Balance Sheet December 31, 2022 $125100 Accounts payable 120300 Salaries and wages payable 201900 Note payable (due 2025) 86500 Total liabilities 251000 $162500 26500 274500 $463500 Accounts receivable Inventory Short-term investments Land (held for future use) Land Buildings Less: Accumulated depreciation Franchise 287500 $338500 (60000) $356000 739300 278500 Common stock Retained earnings Total stockholders' equity Total liabilities and stockholders' equity 208000 $1095300 Total assets $1558800 $1558800 O 1.28:1 O 3.33:1 O 2.36:1 O 2.82:1