X Use the following data to determine the total dollar amount of assets to be classified as current assets. Ace Supply Company Balance Sheet Cash Accounts receivable Inventory Short-term investments Land (held for future use) Land Buildings Less: Accumulated depreciation Franchise Total assets $801,000 O $546,000 A $456,000 $336,000 $339,000 (60,000) $126,000 120,000 210,000 90,000 255,000 285,000 210,000 $1,575,000 December 31, 2025 Accounts payable Salaries and wages payable Note payable (due 2028) Total liabilities Common stock Retained earnings 279,000 Total stockholders' equity Total liabilities and stockholders' equity $ 165,000 30,000 270,000 465,000 360,000 750,000 1,110,000 $1,575,000

Use the following data to determine the total dollar amount of assets to be classified as current assets. Ace Supply Company Balance Sheet December 31, 2025 $001.000 $46,000 $456,000 $336000