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The classified balance sheet for a company reported current assets of $1,688,830, total liabilities of $800,540, Common Stock

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Answer #1

Total liabilities and stockholder's equity = 800540+1010000+131260 = $1941800

Non Current assets = Total liabilities and stockholder's equity-Current assets

= 1941800-1688830

Non Current assets = 252970

So answer is a) $252970

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