The selected data pertain to a company at 31 December 2003 as the following:Quick Assets $
The selected data pertain to a company at 31 December 2003 as the following:
Quick Assets $208,000
Quick ratio 2.6 to 1
Current ratio 3.5 to 1
Net sales for 2003 $1,800,000
Cost of good sold for 2003 $990,000
Average total assets for 2003 $1,200,000
The company's inventory balance at 31 December 2003 is ______.
A.$72,000.
B.$186,990.
C.$231,111.
D.$68,000.