Based on the balances in Reese Corp's trial balance, the current assets total can be found to be B. $5,555,000
The total of the current assets can be found by the formula:
= Inventory + Accounts Receivable + Cash
Solving then gives:
= 775,000 + 2,695,000 + 2,085,000
= $5,555,000
In conclusion, the current assets for Reese Corp is $5,555,000 .
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