Benchmark Surveyors
the Following Balances Are Provided -Refer to the Figure Benchmark Surveyors

question 45

Multiple Choice

Benchmark Surveyors
The following balances are provided:
$$\begin{array} { l r l r } \text { Cash } & \$ 234,000 & \text { Accounts payable } & \$ 97,000 \\\text { Inventories } & 121,000 & \text { Notes payable (due 2018) } & 211,000 \\\text { Land } & 453,000 & \text { Accounts receivable } & 46,000\end{array}$$
-Refer to the figure Benchmark Surveyors.How much is current assets?

• A) $401,000
• B) $498,000
• C) $709,000
• D) $854,000