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Question 4 Use the following data to determine the total dollar amount of assets to be classified as current assets. Aladdin Genie Inc Balance Sheet December 31, 2017 Cast $70,000 Accounts Payable $130,000 Accounts Receivable 100,000 Salaries Payable 20,000 Inventory 140,000 Mort. Payable (L Term) 180,000 Prepaid Insurance 80,000 Total Liabilities $330,000 Stock Invest (long term) 180,000 Land 190,000 Common Stock $240,000 Buildings $230,000 Retained Earnings 500,000 Less: Acc Depr 170,000 Total Stockholder Trademarks 140,000 Equity $740,000 Total Assets $1,070,000 Total Liabilities and Stockholder Equity $1,070,000 $390,000 $250,000 $570,000 $330,000 MacBook Pro