Use the following information to determine the total dollar amount of current assets for Kangaroo Company as of $12/31/19$

Cash $70,000$ Accounts payable $130,000$

Accounts receivable $100,000$ Salaries and wages payable $20,000$

Inventory $140,000$ Mortgage payable $180,000$

Prepaid insurance $80,000$ Total liabilities $330,000$

Stock investments $($long term$)180,000$

Land $190,000$ Common stock $240,000$

Equipment, Net $170,000$ Retained earnings $500,000$

Trademarks $140,000$ Total stockholders$$ equity $740,000$

Total assets $1,070,000$ Total liabilities and

stockholders$$ equity $1,070,000$

Group of answer choices

$330,000$

$390,000$

$250,000$

$570,000$