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Question - The December 31 2021 pre closing adjusted trial balance for Kline enterprise was as follows:
Acc payable 99,000
Acc Rec 179,000
Accum Depreciation-equipment 269,000
Common stock 499,000
Cash 35,000
COGS 489,000
Depreciation expense 69,000
Equipment 718000
Interest expense 6000
Inventory 159000
Note payable due in 6 months 69000
Rent expenses 39000
Retainend earnings 73000
Salaries payable 17000
Sales revenue 797000
Salaries expenses 129000
Totals Deb: 1,823,000. Cr 1,823,000
Required - Compute the Kline's 12/31/2021 total current assets?
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