balance Company B Company C Company A $ 16 Cash $ 5 Wages Expense Administrative Expenses $ 5 35 Cash Sales Revenue 28 Equipment 27 6 Sales Revenue Finished Goods Inventory 1 Accounts Receivable 28 Selling Expenses Cost of Goods Sold Service Revenue 54 21 2 14 Selling Expenses 2 Cash Merchandise Inventory 0O 9 Equipment Equipment 58 Rent Expense 52 Accounts Receivable Work-in-Process Inventory 16 Cost of Goods Sold Accounts Receivable 6 16 Cost of Goods Manufactured 20 Administrative Expenses 1 Raw Materials Inventory 10 Learning Objective 2 E18-17 Identifying differences between service, merchandising, and manufacturing companies Using the above data, determine the company type. Identify each company as a service company, merchandising company, or manufacturing company. Learning Objective 2 E18-18 Identifying differences between service, merchandising, and manufacturing companies Company B: $29 Using the above data, calculate operating income for each company. Learning Objective 2 E18-19 Identifying differences between service, merchandising, and manufacturing companies Company C: $51 Using the above data, calculate total current assets for each company