Guinther & Sons,Inc -Read the Information for Guinther & Sons

Guinther & Sons,Inc. ,a retailer of men's clothing,earned a net profit of $77,000 for 2017.The balance sheet for Guinther & Sons includes the following items:

$$\begin{array} { l r l r } \text { Cash } & \$ 29,000 & \text { Accounts receivable } & \$ 39,000 \\\text { Inventory } & 79,000 & \text { Prepaid insurance } & 3,000 \\\text { Land } & 90,000 & \text { Accounts payable } & 21,000 \\\text { Taxes payable } & 29,000 & \text { Capital stock } & 50,000 \\\text { Retained earnings } & 97,000 & \text { Long-term notes payable } & 43,000\end{array}$$
-Read the information for Guinther & Sons.Calculate the total amount of current assets for Guinther & Sons.

A) $100,000
B) $147,000
C) $150,000
D) $249,000