Use the following data to determine the total dollar amount of assets to be classified as current assets. Concord Corporation Balance Sheet December 31, 2022 $73500 100500 147500 75500 192500 188500 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 $125000 15600 171000 $311600 $215500 (53500) 162000 113500 $1053500 Common stock Retained earnings Total stockholders' equity Total liabilities and stockholders' equity $251900 490000 $741900 $1053500 $397000 $249500 $589500 $311600