5 Constable Company reported the following information at December 31, Year 1: Accounts Payable $ 4,500 Accounts Receivable 9,350 Cash 23,490 Common Stock 90,000 Equipment 49,500 Inventory 31,200 Notes Payable due December 31, Year 3 2,500 Retained Earnings, December 31, Year 1 14,090 Wages Payable 2,450 What is the amount of current assets on the classified balance sheet? Multiple Choice $37,580 $113,540 $64,040 $23,490

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