The classified balance sheet for a company reported current assets of $1,689,116, total liabilities of $811,540, contributed capital of $1,120,000 and retained earnings of $142,260. The current ratio was 2.6.

The classified balance sheet for a company reported current assets of $1,689,116, total liabilities of $811,540, contributed capital of $1,120,000 and retained earnings of $142,260. The current ratio was 2.6.

rev: 03-01-2011

What is the total amount of non-current assets?

rev: 03-01-2011

→	$384,684
	$877,576
	$649,660
	$426,856

Explanation 

Total Assets = Total Liabilities + Total Stockholders' Equity
Total Liabilities + Total Stockholders' Equity = $811,540 + $1,120,000 + $142,260 = $2,073,800
Total Assets = Total current assets + Total non-current assets
$2,073,800 - $1,689,116 = $384,684