Answer:
Note
This is an incomplete question and the missing part is stated below.
Jason's corporation co trial balance include the following account balances at December 31,2018.
Account receivable : 13,800
Inventory : 40,000
Patent : 13,000
Investment :30,500
Prepaid insurance : 7,900
Note receivable , due 2021 :50,600
Step-by-step explanation:
Current assets are assets that are reasonably expected to sold or consumed through normal business operation within an operating cycle(within a year)
Looking at the balances given in the question , the current asset balances are
Account receivable (payment are expected within a year ) - 13,800
Inventory (expected to be utilized during regular operation) -40,000
Investment ( turnover expected within a year )- 30,500
The portion of prepaid insurance meant for immediate next year - 7900/2 ,3950
Total current asset = 13,800+40,000+30,500+3950 =88,250