Use the following to answer questions 13 - 15:

Presented below is a partial trial balance for the Princess Corporation at December 31, 2019.

Account Title Debits Credits

Cash & Equivalents 30,000

Cash restricted for the repayment of bonds payable 100,000

Accounts Receivable 195,000

Allowance for Doubtful Accounts 24,000

Notes Receivable(due November1, 2020) 120,000

Interest Receivable(on notes receivable) 4,000

Raw Materials Inventory 36,000

Work in Process Inventory 38,000

Finished Goods Inventory 98,000

Marketable Securities 48,000

Prepaid Insurance (expires by June 30, 2020) 60,000

Land 100,000

Buildings 1,500,000

Equipment 400,000

Accumulated Depreciation -Buildings 740,000

Accumulated Depreciation -Equipment 230,000

Patents (net of amortization) 120,000

Unearned Revenue 48,000

Bonds Payable (mature on September30, 2023) 500,000

Interest Payable(on bonds) 7,000

Accounts Payable 240,000

Salaries Payable 6,000

Additional information:

a) Interest receivable on the notes is due every six months.

b) Interest payable on bonds is due every March 31st and September 30th.

c) Management does not intend to sell any of its marketable securities in the next year.

d) Unearned revenue will be earned equally over the next eighteen months.

_____ 13.Princess'stotal current assets on its December 31, 2019 balance sheet are?

A)$537,000

B) $557,000

C) $585,000

D)$461,000

_____ 14.Princess's total assets on its December 31, 2019 balance sheet are?

A)$1,807,000

B) $1,755,000

C) $1,735,000

D)$1,855,000

_____ 15.Princess's total current liabilities on its December 31, 2019 balance sheet are?

A)$325,000

B) $801,000

C) $285,000

D)$301,000