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please solve problem number 7 type answer, show all work and answer all parts. Thanks...

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Accounting

please solve problem number 7 type answer, show all work and answer all parts. Thanks

7. The following is Gold Corp.s June 30, Year 6, trial balance:

Cash overdraft $ 10,000

Accounts receivable, net $ 35,000

Inventory 58,000

Prepaid expenses 12,000

Land held for resale 100,000

Property, plant, and equipment, net 95,000

Accounts payable and accrued expenses 32,000

Common stock 25,000

Additional paid-in capital 150,000

Retained earnings 83,000

$300,000 $300,000

Additional information:

Checks amounting to $30,000 were written to vendors and recorded on June 29, Year 6, resulting in a cash overdraft of $10,000. The checks were mailed on July 9, Year 6.

Land held for resale was sold for cash on July 15, Year 6.

Gold issued its financial statements on July 31, Year 6.

In its June 30, Year 6, balance sheet, what amount should Gold report as current assets?

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