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Current Attempt in Progress Use the following data to determine the total dollar amount of assets to be classified as investments. Nash's Trading Post, LLC Balance Sheet December 31, 2022 Cash and cash equivalents $65000 Accounts payable $125000 Accounts receivable 85000 10000 Inventory Salaries and wages payable Bonds payable Total liabilities 135000 150000 75000 $285000 Prepaid insurance Stock investments 175000 Land 185000 $200000 Common stock $210000 Buildings Less: Accumulated depreciation (50000) 150000 Retained earnings 475000 Trademarks 100000 $685000 Total stockholders equity Total liabilities and ICOS GOOD 1 s E R T C S D F G H C B N Accounts receivable 85000 Salaries and wages payable 10000 Inventory 135000 150000 Prepaid insurance Bonds payable Total liabilities 75000 $285000 Stock investments 175000 Land 185000 Buildings $200000 Common stock $210000 Less: Accumulated depreciation (50000) 150000 Retained earnings 475000 Trademarks 100000 Total stockholders equity 5685000 Total assets $970000 Total liabilities and stockholders equity 5970000 $0 $310000 $175000 $260000 " 1 G E R . Current Attempt in Progress Using the following balance sheet and income statement data, what is the current ratio? Current assets 37500 Net income $ 42100 Current liabilities 14600 75600 Stockholders equity Total liabilities 42300 Average assets Total assets 160700 126000 Average common shares outstanding was 15800. 26:1 28:1 04:1 3.0:1 e Textbook and Media Save for late Attempts 1 W R T S D F G X 7 . P