Use the following data to determine the total dollar amount of assets to be classified...

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Accounting

Use the following data to determine the total dollar amount of assets to be classified as current assets.

Ayayai Corp.
Balance Sheet
December 31, 2017

Cash

$186000

Accounts payable

$203000

Accounts receivable

144000

Salaries and wages payable

29500

Inventory

172000

Mortgage payable

234000

Prepaid insurance

94900

Total liabilities

$466500

Stock investments (long-term)

272000

Land

251000

Buildings

$320000

Common stock

$390400

Less: Accumulated depreciation

(61500) 258500

Retained earnings

743500

Trademarks

222000

Total stockholders' equity

$1133900

Total assets

$1600400

Total liabilities and stockholders' equity

$1600400
A

$502000

B

$596900

C

$868900

D

$424900

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