Determine the amount of total assets, current assets, and noncurrent assets at the end of the period, given the following data:

Current liability, ending balance $50,000
Current ratio, ending 1:6:1
Owners’ equity, beginning balance $120,000
Inventory, beginning balance $ 35,000

Purchases during the period $40,000
Inventory, ending balance $30,000
Gross margin percentage 45%
Profit margin 10%
Long term debt, ending balance $40,000

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