ne Le Question 5 (1 point) Use the following data to determine the total dollar amount of assets to

ne Le Question 5 (1 point) Use the following data to determine the total dollar amount of assets to be classified as current assets. Koonce Office Supplies Balance Sheet December 31, 2017 $ $ 210,000 30,000 240.000 $480,000 195,000 150,000 165,000 90,000 255.000 270,000 Accounts payable Salaries and wages payable Mortgage payable Total liabilities Cash Accounts receivable Inventory Prepaid insurance Stock investments Land Building Less: Accumulated depreciation Trademarks Total assets $315,000 $360,000 750.000 $1.110,000 (60.000) 255.000 Common stock Retained eaming Total stockholders' equity Total liabilities and stockholders' equity $1.590.000 210.000 $1590.000 1) $855.000 2) $600,000 3) $510,000 4) $435,000

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