What is the balance of the current assets

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Reference no: EM131260967

Stine Corp.'s trial balance reflected the following account balances at December 31, 2015:

Accounts receivable (net) $24,000

Trading securities 6,000

Accumulated depreciation on equipment and furniture 15,000

Cash 16,000

Inventory 30,000

Equipment 25,000

Patent 4,000

Prepaid expenses 2,000   

Land held for future business site 18,000

What is the balance of the current assets on Stine's December 31, 2015 balance sheet?

Reference no: EM131260967

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