Problem:
Albertson and Roberts reports the following account balances: inventory of $27,600, equipment of $128,300, accounts payable of $24,700, cash of $11,900 and accounts receivable of $31,900.
Required:
Question: What is the amount for the current assets?
A. $46,700
B. $56,000
C. $71,400
D. $175,000E
E. $199,700
Note: Please provide full description.