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Wembley Company has a projected balance sheet that includes the following accounts. What is the projected cash balance? $ Cash ? Marketable securities 280,000 Accounts

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Wembley Company has a projected balance sheet that includes the following accounts. What is the projected cash balance? $ Cash ? Marketable securities 280,000 Accounts receivable 820,000 470,000 Inventory Non-current assets, net Current liabilities 2,000,000 496,000 Total liabilities 1,554,000 Total equity 2,380,000 Select one: O a. $400,000 O b. $322,000 O c. $364,000 O d. $196,000 O e. None is correct

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