The pioneer company has provided the following account balances: cash $38,600; short-term investments $4,600; accounts receivable $51,000; supplies $6,600; long-term notes receivable $2,600; equipment $99,000; factory building $186,000; intangible assets $6,600; accounts payable $29,400; accrued liabilities payable $3,700; short-term notes payable $15,200; long-term notes payable $95,000; common stock $186,000; retained earnings $65,700. what are pioneer's total current assets?

Total Current Assets      $ 100,800

Explanation:

The current asset are those assets which are cash cash or the firm expect to convert in cash within a 12 month period (one-year)

Assets with a useful life or collection date longer than a year will be considered non-current thus, non included in current asset

Cash                                $  38,600

Short-term investments $     4,600

Accounts receivable      $    51,000

Supplies                          $     6,600  

Total Current Assets      $ 100,800

the correct option is c