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Foal Company's December 31,2014 Balance Sheet Reported the Following Current

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Foal Company's December 31,2014 balance sheet reported the following current assets:
Foal Company's December 31,2014 balance sheet reported the following current assets: An analysis of the accounts disclosed that accounts receivable consisted of the following: \begin{array}{lr} \text { Trade accounts } & \$ 160,000 \\ \text { Allowance for uncollectible accounts } & (5,000) \\ \text { Selling price of Foal's unsold goods out on consignment, at } &\\150 \% \text { of cost, not included in Foal's ending inventory }&45,000\\\text { Total }&\$200,000 \end{array} Required: What are the correct totals for cash,accounts receivable,and inventories at December 31,2014?
An analysis of the accounts disclosed that accounts receivable consisted of the following:  Trade accounts $160,000 Allowance for uncollectible accounts (5,000) Selling price of Foal’s unsold goods out on consignment, at 150% of cost, not included in Foal’s ending inventory 45,000 Total $200,000\begin{array}{lr}\text { Trade accounts } & \$ 160,000 \\\text { Allowance for uncollectible accounts } & (5,000) \\\text { Selling price of Foal's unsold goods out on consignment, at } &\\150 \% \text { of cost, not included in Foal's ending inventory }&45,000\\\text { Total }&\$200,000\end{array}
Required:
What are the correct totals for cash,accounts receivable,and inventories at December 31,2014?

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