Given the following account information for XYZ Corporation, calculate the $ value for total current...
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Accounting
Given the following account information for XYZ Corporation, calculate the $ value for total current assets.
| Merchandise Inventory | $ 250,000 | Cost of goods sold | $ 1,523,000 |
| Insurance expense | $ 100,000 | Land | $ 100,000 |
| Bond financing | $ 400,000 | Advertising expense | $ 145,000 |
| Sales | $ 2,486,000 | Taxes payable | $ 26,000 |
| Equipment | $ 445,000 | Cash | $ 79,000 |
| A/Receivable | $ 120,000 | Sales Salary expense | $ 240,000 |
| Office salary expense | $ 165,000 | Short term investments | $ 65,000 |
| Buildings | $ 750,000 | A/Payable | $ 164,000 |
| Notes payable | $ 75,000 | Common stock | $ 475,000 |
| Retained earnings | $ 544,000 | Accumulated depreciation | $ 125,000 |
| Depreciation expense | $ 102,000 | Supplies expense | $ 26,000 |
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