7 ints Cash Account Merchandise inventory Raw materials inventory Work in process inventory Finished goods inventory Accounts receivable, net Prepaid expenses Company 1 $ 7,000 44,250 Company 2 $ 5,000 41,250 30,000 50,000 64,000 80,000 4,000 800 1. Identify which set of numbers relates to the manufacturer and which to the merchandiser. 2a. & 2b. Prepare the current asset section of the balance sheet at December 31 for each company. Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Req 1 Req 2A Req 2B Prepare the current asset section of the balance sheet at December 31 for Company 1. Current Assets Section of Balance Sheet December 31 R