Cash Accounts receivable Inventory Prepaid insurance Stock investments (long-term) Land Buildings Less: Accumulated Depr Goodwill Total assets $600,000 $595,000 Use the following data to determine the total dollar amount of assets to be classified as current assets. O $855,000 O $435,000 $ 200,000 140,000 165,000 90,000 255,000 270,000 $315,000 (60,000) 210,000 $1,585,000 Koonce Office Supplies Balance Sheet December 31, 2022 Accounts payable Salaries and wages payable Mortgage payable Total liabilities Common stock Retained earnings $ 205,000 30,000 240,000 Total stockholders' equity Total liabilities and stockholders' equity $360,000 750,000 $475,000 1.110,000 $1,585,000 1 pts
Use the following data to determine the total dollar amount of assets to be classified as current assets $600,000 $595,000 $855,000 $435,000 
