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What is the amount of current assets? $ 40,000 Inventory $230,000 Accounts Payable Cash Sales Cost of Goods Sold Prepaid Rent $118,000 Accounts Receivable $18,000

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$ 40,000 Inventory $230,000 Accounts Payable Cash Sales Cost of Goods Sold Prepaid Rent $118,000 Accounts Receivable $18,000 Rent Expense Long-Term Liabilities (due within one year) Long-Term Liabilities $29,000 $59,000 $ 38,000 $19,000 $30,000 $900,000

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