Use the following data to determine the total dollar amount of assets to be classified as current assets.
Cash
Accounts payable
Accounts receivable
Salaries and wages payable
Inventory
Mortgage payable
Prepaid insurance
Total liabilities
Stock investments (long-term)
Land
Buildings
Common stock
Less: Accumulated depreciation
Retained earnings
Trademarks
Total stockholders' equity
Total assets
Total liabilities and stockholders' equity
$502000
$596900
$868900
$424900
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