Use the following information to answer questions 11 - 13 below. Gomez Company Balance Sheet December 31, 20xx Assets Cash Short-term investments $ 70,000 56,000 Accounts receivable Notes receivable (due in 1 year) Merchandise inventory Land held for future use Land 28,000 42,000 98,000 112,000 140,000 Building $150,000 Less accumulated depreciation 28,000 122,000 Trademark 92,000 Total assets $760,000 Liabilities Notes payable (due in 1 year) $ 70,000 Accounts payable Salaries payable Mortgage payable (due in 7 years). 30,000 14,000 146,000 Total liabilities $260,000 Owner's Equity Lisa Gomez, Capital 500,000 $760,000 Total liabilities and owner's equity 11. The total dollar amount of assets to be classified as current assets is [A] $238,000. [B] $244,000. [C] $294,000. [D] $252,000. 12. The total dollar amount of assets to be classified as investments is [A] $112,000. [B] $0. [C] $56,000. [D] $168,000. 13. The total dollar amount of assets to be classified as property, plant, and equipment is [A] $354,000. [B] $122,000. [C] $262,000. [D] $374,000