Business, 27.06.2019 06:10 lilGi0

Use the following data to determine the total dollar amount of assets to be classified as current assets. skysong, inc. balance sheet december 31, 2017 cash $193000 accounts payable $199000 accounts receivable 14 salaries and wages payable 30500 inventory 171000 mortgage payable 237000 prepaid insurance 89900 total liabilities $466500 stock investments (long-term) 27 land 251000 buildings $316000 common stock $395400 less: accumulated depreciation (62500) 253500 retained earnings 728500 trademarks 222000 total stockholders' equity $1123900 total assets $1590400 total liabilities and stockholders' equity $1590400

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