What Is the Value of Current Liabilities A)$ 30,000
B)$ 39,000
C)$ 42,000
D)$ 44,000

Multiple Choice

What is the value of current liabilities? $$\begin{array} { l l l r } \text { Cash } & \$ 50,000 & \text { Irventory } & \$ 9,000 \\\text { Sales } & \$ 30,000 & \text { Accounts Payble } & \$ 9,000 \\\text { Cost of Goods Sold } & \$ 8,000 & \text { Accourts Receivable } & \$ 18,000 \\\text { Prepaid Irsurance } & \$ 8,000 & \text { Insurance Expense } & \$ 9,000 \\& & \text { Long-Term Liabilities (due withirl one year) } & \$ 30,000\end{array}$$

A) $ 30,000
B) $ 39,000
C) $ 42,000
D) $ 44,000