Use the following data to determine the total dollar amount of assets to be classified as current assets, Kingbird, Inc. Balance Sheet December 31, 2025 Cash and cash equivalents Accounts receivable Inventory $68500 Accounts payable $137500 96000 Salaries and wages payable 17300 145000 Bonds payable 158000 Prepaid insurance 90000 Total liabilities 312800 Stock investments (Long-term) 197500 Land 195000 Buildings $210500 Common stock 235700 Less: Accumulated depreciation (58500) 152000 Retained earnings 520000 Trademarks 124500 Total stockholders' equity 755700 Total assets $1068500 Total liabilities and stockholders' equity $1068500