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710 720 730 740 750 760 770 780 790 805 810 820) 836) 3465 850 866) 370 380 390 904 QUESTION 4 The following information is for Bright Eyes Auto Supplies: Bright Eyes Auto Supplies Balance Sheet December 31, 2015 $ 130,000 50,000 150,000 330,000 Cash $ 40,000 Accounts Payable Prepaid Insurance 80,000 Salaries and Wages Payable Accounts Receivable 100,000 Mortgage Payable Inventory 140,000 Total Liabilities Land Held for Investment 180,000 Land 250,000 Buildings $200,000 Common Sock $400,000 Less Accumulated Retained Earnings Depreciation 340,000 (60.000) 140,000 Trademark 140.000 Total Liabilities and Total Assets $1,070,000 Stockholders' Equity The total dollar amount of liabilities to be classified as current liabilities is O A $180,000 B. 5130,000 C. $330,000 D. $50,000 740,000 $1.070,000
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