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. Cash Accounts receivable Inventory Prepaid insurance Stock investments (long-term) Land Buildings Less: Accumulated depreciation Blossom Company Balance Sheet December 31, 2022 $185000 Accounts payable 144000 Salaries and wages payable 152000 Mortgage payable 89600 Total liabilities 258000 260000 $303000 Common stock (57500) 245500 Retained earnings $210000 30000 247000 $487000 $322100 727000 Goodwill 202000 $1049100 Total assets Total stockholders' equity Total liabilities and stockholders' equity $1536100 $1536100 $418600 $570600 O $828600 O $481000
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