please dont provide answer in image format thank you The following trial balance of Ivanhoe Corp. at December 31, 2025 has been properly adjusted.CashAccounts receivable (net)InventoryProperty, plant, and equipment (net).Accounts payable and accrued liabilities.Income taxes payableDeferred income tax liabilityCommon stockAdditional paid-in capitalRetained earnings, 1/1/25Net sales and other revenuesCosts and expensesIncome tax expenseIvanhoe Corp.Trial BalanceDecember 31, 2025$Other financial data for the year ended December 31, 2025:Dr.O $2414000.O $1896500.O $1962500,O $2498500.87850026960002086000756100011160000536000$24917500$In Ivanhoe's December 31, 2025 balance sheet, the current liabilities total isCr.17610006530008450023440003684000349900012892000Included in accounts receivable is $1210000 due from a customer and payable in quarterly installments of $151250. The lastpayment is due December 29, 2025.$24917500During the year, estimated tax payments of $536000 were charged to income tax expense. The current and future tax rate onall types of income is 40%.*

The adjusted trial balance represents the final balance of each account of the business. The current…

Answered: In Ivanhoe's December 31, 2025 balance…

In Ivanhoe's December 31, 2025 balance sheet, the current liabilities total is O $2414000. O $1896500. O $1962500. O $2498500.

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Chapter21: The Statement Of Cash Flows

Section: Chapter Questions

Problem 14E: Interest and Income Taxes Staggs Company has prepared its 2019 statement of cash flows. In...

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