Requirement 2. Determine the total current assets balance for Sporting Goods at March 31, and then compute the current ratio as of March 31, and as of March 31. Begin by determining the total current assets balance for Sporting Goods at March 31, Total current asset at March 31, amount ?

Owl Sporting Goods Company
Balance Sheets
March 31
	2022	2021
ASSETS
Current:
Cash	$700	$1,000
Accounts receivable	27,900	33,900
Inventories	37,000	37,850
Other current assets	5,400	4,800
Total current assets	71,000	?
Property and equipment, net	7,100	6,600
Other assets	28,000	36,400
Total assets	$106,100	$120,550
LIABILITIES
Total current liabilities	$53,000	$75,000
Long-term liabilities	1,500	4,800
Total liabilities	54,500	79,800
STOCKHOLDERS' EQUITY
Common stock	23,500	23,000
Retained earnings	28,100	17,750
Total stockholders' equity	51,600	40,750
Total liabilities and stockholders' equity	$106,100	$120,550