Use the following data to determine the total dollar amount of assets to be classified as current assets. koonce office suppliesbalance sheetdecember 31, 2014cash$ 130,000accounts payable$ 140,000accounts receivable100,000salaries and wages payable20,000inventory110,000mortga ge payable160,000prepaid insurance60,000total liabilities$320,000stock investments170,000land180,000buildi ngs$210,000common stock$240,000less: accumulatedretained earnings500,000depreciation(40,000) 170,000total stockholders' equity$740,000trademarks140,000tota l liabilities andtotal assets$1,060,000stockholders' equity$1,060,000a)$570,000b)$400,00 0c)$340,000d)$290,000

A)$570,000

Explanation:

Balance Sheet2014

Cash$130,000

Accounts Receivable$100,000

Prepaid Insurances$60,000

Stock Investments$170,000

Inventory$110,000

TOTAL CURRENT ASSETS  $570,000

Building$210,000

Depreciation-$40,000

Intangible Assets$140,000

Land$180,000

TOTAL ASSETS  $1,060,000

Accounts Payable  $140,000

Wages Payable  $20,000

Mortgage Payable  $160,000

TOTAL LIABILITIES  $320,000

Common Stock  $240,000

Retained Earnings  $500,000

TOTAL EQUITY  $740,000

TOTAL EQUITY + LIABILITIES  $1,060,000

b, fewer problems later! good luck

if it is for a job, then you should learn everything you can about the job, like what does it involve, what qualification is required and how you are the right person for that job. dress appropriately for the interview. get plenty of rest the night before. good luck!