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Baugh and Essary Reports the Following Account Balances: Inventory of $17,600,equipment

Question 10

Multiple Choice

Baugh and Essary reports the following account balances: inventory of $17,600,equipment of $128,300,accounts payable of $24,700,cash of $11,900,and accounts receivable of $31,900.What is the amount of the current assets?


A) $46,700
B) $56,000
C) $61,400
D) $175,000
E) $199,700

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