Use the following data to determine the total dollar amount of assets to be classified as long-term investments. Ace Supply Company Balance Sheet December 31, 2025 Accounts Cash $126,000 $165,000 payable Salaries and wages Accounts receivable 120,000 30,000 payable Note payable (due Inventory 210,000 270,000 2028) Short-term investments 90,000 Total liabilities 465,000 Land (held for future use) 255,000 Land 285,000 Buildings $339.000 Common stock Retained Less: Accumulated earnings depreciation (60.000) Total stockholders' 279,000 360,000 750.000 1.110.000 equity Franchise Total assets 210.000 Total liabilities and $1.575.000 stockholders' equity $1,575,000 O $585,000 O $255,000 $465,000 $0