Multiple Choice Question 80 Use the following data to determine the total dollar amount of assets to be classified as current assets. Wildhorse Co. Balance Sheet December 31, 2022 $69500 103000 145500 76000 193500 187500 Accounts payable Salaries and wages payable Bonds payable Total liabilities Cash and cash equivalents Accounts receivable Inventory Prepaid insurance Stock investments Land Buildings Less: Accumulated depreciation Trademarks Total assets $126000 16700 150000 $292700 $221500 (55500) 166000 125000 $1066000 Common stock Retained earnings Total stockholders' equity Total liabilities and stockholders' equity $259300 514000 $773300 $1066000 O $394000 $248500 $587500