Question: Please answer the question in the format given, 3 part question... Cauce Corporation is preparing its year-end balance sheet. The company records show the following

Please answer the question in the format given, 3 part question...

Cauce Corporation is preparing its year-end balance sheet. The company records show the following selected amounts at the end of the year; 1-a. What is the amount of current liabilities? 1.b. Compute working capital. 2. Would your computation be different if the company reported $290,000 worth of contingent liabilities in the notes to its financial statements

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