Listed below are the balances of selected accounts of the Watson Company at the end of the current year:

Equipment $18,500 Prepaid insurance 3,600 Notes payable (due in 30 days) 7,100 Cash 2,900 Land 11,700 Accounts receivable (net) 8,200 Inventory 24,400 Mortgage payable (due next year) 33,000 Notes receivable (due in 60 days) 4,000 Marketable securities (short-term) 6,300 Buildings (net) 74,000 Notes receivable (due in 2 years) 5,600 Required: Prepare the current assets section of the Watson Company’s balance sheet.  lop1