Brad's Company Has Equipment with a Book Value of $1,380

Brad's Company has equipment with a book value of $1,380 that could be sold today at a 20 percent discount.Its inventory is valued at $360 and could be sold to a competitor for 90 percent of that value.The firm has $45 in cash and customers owe them $240,of which 97 percent is collectible.What is the accounting value of its liquid assets?

A) $601.80
B) $350.00
C) $2,025.00
D) $645.00
E) $1,705.80