Bass ToursThe following balances were taken from the company's records:
Inventory$380,000
Accounts Receivable$190,000
Land290,000
Accounts Payable180,000
Cash129,000
Unearned Revenue110,000
Prepaid Rent33,000
Common Stock312,000
Retained Earnings220,000
Long-term Notes Payable200,000
Refer to Bass Tours. Calculate the total current assets.
A. $ 842,000
B. $1,022,000
C. $ 732,000
D. $ 842,000
Answer: C
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