Question: Please answer problem #10, correctly. Thank you! Use the following data to determine the total dollar amount of assets to be classified as current assets.

Please answer problem #10, correctly. Thank you!
Please answer problem #10, correctly. Thank you! Use the following data to
determine the total dollar amount of assets to be classified as current

Use the following data to determine the total dollar amount of assets to be classified as current assets. Tamarisk, Inc. Balance Sheet December 31, 2022 Cash $ 200000 Accounts payable $ 210000 Accounts receivable 140000 Salaries and wages payable 31000 Inventory 151000 Mortgage payable 226000 Prepaid insurance 86300 Total liabilities $ 467000 Stock investments (long-term) 263000 Land 258000 Buildings $ 306000 Common stock $350800 Less: Accumulated depreciation 244500 Retained earnings 727000 61500) Stock investments (long-term) 263000 Land 258000 Buildings $ 306000 Common stock $350800 Less: Accumulated depreciation 244500 61500) Retained earnings 727000 Goodwill 202000 Total stockholders' equity $- 1077800 Total assets $ 1544800 Total liabilities and stockholders' equity $ 1544800 $ 840300 $577300 $ 491000 $ 426300

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