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XYZ Company's partial Balance Sheet ( on Dec. 3 1 , 2 0 2 3 ) information is given below. All current assets and current

XYZ Company's partial Balance Sheet (on Dec. 31,2023) information is given below. All current assets and current liabilities are listed. The balances for Cash and cash equivalents and Inventories are missing. On Dec. 31,2023, XYZ company had a Current Ratio of 3.0 and a Quick Ratio of 2.5. What was the balance of Inventories on Dec. 31,2023?
\table[[Cash and cash equivalents,?,,],[Accounts Receivable,$100,000,,],[Short-term Investments,$50,000,Accounts Payable,],[Inventories,?,?ther Current Liabilities,$85,000
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