8) Walter Co. and Sandburg Industries report the following information at December 31: WALTER SANDBURG Accounts Receivable $41,000 $68,000 Cash 6,000 7,000 Finished Goods Inventory 25,000 Work in Process Inventory 40,000 Merchandise Inventory 48,000 Prepaid Expenses 1,000 2,000 Raw Materials Inventory 21,000 Required: (a) Which company is a manufacturer? Explain. (b) Prepare the current assets section of the balance sheet for the manufacturer.n