The following December 31, 2021, fiscal year-end account balance information is available for the Stonebridge...
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Accounting
The following December 31, 2021, fiscal year-end account balance information is available for the Stonebridge Corporation: Cash and cash equivalents Accounts receivable (net) Inventory Property, plant, and equipment (net) Accounts payable Salaries payable Paid-in capital $ 5,300 23,000 63,000 135,000 42,000 14,000 115, eee The only asset not listed is short-term investments. The only liabilities not listed are $33,000 notes payable due in two years an related accrued interest of $1,000 due in four months. The current ratio at year-end is 171. Required: Determine the following at December 31, 2021 1. Total current assets 2. Short-term investments 3 Rotained earrings

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