During its first year of operations, Oriole Company had credit sales of $3,183,500; $638,000remained uncollected at year-end. The credit manager estimates that $41,200of these receivables will become uncollectible.

Prepare the current assets section of the balance sheet for Oriole Company. Assume that in addition to the receivables it has cash of $94,900, inventory of $135,300, and prepaid insurance of $8,200.(List Current Assets in order of liquidity.)