End-of-year current assets for two different companies follow. One is a manufacturer, Rayzer Skis Manufacturing, and the other, Sunrise Foods, is a merchandiser.

Account	Company 1	Company 2
Cash	$ 10,000	$ 8,000
Merchandise inventory	44,250
Raw materials inventory		41,250
Work in process inventory		30,000
Finished goods inventory		50,000
Accounts receivable, net	67,000	77,000
Prepaid expenses	3,000	600

Prepare the current asset section of the balance sheet at December 31 for Company 1.