The following December 31, 2021, fiscal year-end account balance information is available for the Stonebridge Corporation: Cash and cash equivalents $ 5,000 Accounts receivable (net) 20,000 Inventory...

The following December 31, 2021, fiscal year-end account balance information is available for the Stonebridge Corporation:

Cash and cash equivalents                                                     $ 5,000
Accounts receivable (net)                                                       20,000
Inventory                                                                                60,000
Property, plant, and equipment (net)                                   120,000
Accounts payable                                                                   44,000
Salaries payable                                                                      15,000
Paid-in capital                                                                      100,000

The only asset not listed is short-term investments. The only liabilities not listed are $30,000 notes payable due in two years and related accrued interest of $1,000 due in four months. The current ratio at year-end is 1.5:1.
Required:
Determine the following at December 31, 2021:
1. Total current assets
2. Short-term investments
3. Retained earnings