Question: Use the following data to determine the total dollar amount of assets to be classified as long-term investments Cash Accounts receivable Inventory Prepaid insurance

Use the following data to determine the total dollar amount of assets

Use the following data to determine the total dollar amount of assets to be classified as long-term investments Cash Accounts receivable Inventory Prepaid insurance Stock investments (Noncurrent) Land Buildings Less: Accumulated depreciation (61000) Goodwill Total assets $303000 Oriole Company Balance Sheet December 31, 2025 $186000 141000 160000 85300 252000 279000 242000 224000 $1569300 Accounts payable Salaries and wages payable Mortgage payable Total liabilities $210000 30500 249500 490000 Common stock Retained earnings 739000 Total stockholders' equity 1079300 Total liabilities and stockholders' equity $1569300 340300

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