The following December 31, 2013, fiscal year-end account balance information is available for the Stonebridge Corporation:

Cash and cash equivalents........ $ 5,000

Accounts receivable (net) ........20,000

Inventories ................60,000

Property, plant, and equipment (net) .... 120,000

Accounts payable ...........44,000

Wages payable ............15,000

Paid-in-capital .............100,000

The only asset not listed is short-term investments. The only liabilities not listed are a $30,000 note payable due in two years and related accrued interest of $1,000 due in four months. The current ratio at year-end is 1.5:1.

Required:

Determine the following at December 31, 2013:

1. Total current assets

2. Short-term investments

3. Retained earnings