Use the following data to determine the total dollar amount of assets to be classified as investments. Cash $208000 Marigold Corp. Balance Sheet December 31, 2022 $193000 Accounts payable 160000 Salaries and wages payable 171000 Mortgage payable 88400 Total liabilities 30500 Accounts receivable Inventory 2350 Prepaid insurance $473500 Stock investments (long-term) 252000 Land 265000 Buildings $318000 Common stock $387400 Less: Accumulated depreciation (61500) 256500 Retained earnings 735000 Goodwill 210000 $1122400 Total stockholders equity Total liabilities and stockholders' equity Total assets $1595900 $1595900 $252000 O $460000 O $517000 O $0 In 2022, Sheffield Corp. had cash receipts of $59360 and cash disbursements of $33920. Sheffield's cash balance at December 31, 2022 80. What was Shelheld's January 1, 2022 cash balance O $74200 557240 O $116600 O $108120