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. Tamarisk, Inc. Balance Sheet December 31, 2022 $72500 Accounts payable $139000 Cash and cash equivalents Accounts receivable 87000 11500 Salaries and wages payable Bonds payable Total liabilities 139000 75000 194500 188500 175000 $325500 Inventory Prepaid insurance Stock investments Land Buildings Less: Accumulated depreciation Trademarks $207500 (69000) $198000 498000 138500 126500 Common stock Retained earnings Total stockholders' equity Total liabilities and $696000 Total assets $1021500 stockholders, $1021500 equity $373500 $568000 $234500 $325500
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