Use the Information Below for the Michigan Auto Corporation (MAC)

Use the information below for the Michigan Auto Corporation (MAC) to answer the following question.
Balance Sheet Accounts of Michigan Auto Corporation (MAC) Corporation
$\begin{array} { | l | c | } \hline \text { Account } & \text { Balance 12/31/2017 } \\\hline \text { Accumulated depreciation } & \$ 7,650 \\\hline \text { Accounts payable } & \$ 6,875 \\\hline \text { Accounts receivable } & \$ 8,000 \\\hline \text { Cash } & \$ 3,750 \\\hline \text { Common stock } & \$ 15,625 \\\hline \text { Inventory } & \$ 11,250 \\\hline \text { Long-Term debt } & \$ 17,750 \\\hline \text { Plant, property, and equipment } & \$ 37,000 \\\hline \text { Retained earnings } & \$ 12,100 \\\hline\end{array}$
-Refer to the Balance Sheet Accounts of MAC Corporation.The value of current assets for the year-end is ________.

A) $29,875
B) $9,200
C) $23,000
D) $11,740