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Information for the next 7 questions. Farmer C. Taylor has compiled the following financial information...

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Accounting

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Information for the next 7 questions. Farmer C. Taylor has compiled the following financial information as of December 31, 2013. Please answer the questions below. Accounts receivable... $2,000 Inventory-feeder livestock......... Checking account. 2,250 Notes payable-machine. & equip. Cash on hand...... 5,500 Equipment.... Inventory-supplies. 3,750 Retained earnings.. Accounts payable.. 15,000 Real estate debt.. Income taxes payable.... 12,000 Contributed capital. Buildings.... 30,000 Farmland. Inventory-crops......... 40,000 Note: There are no checks in transit for the farm business. $52,000 65,000 70,000 133,500 130,000 150,000 300,000 Question 21 (3 points) What is the value of Taylor's total current assets? $205,500 $175,500 $105,500 $9,750 $7,500 Question 22 (3 points) What is the value of Taylor's total noncurrent liabilities? $372,000 $355,500 $222,000 $207,000 $195,000 Question 23 (3 points) What is the value of Taylor's total noncurrent assets? $505,500 O$495,750 $492,500 $452,00 O $400,000

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