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	$ 9,000	$ 7,000
Merchandise inventory	51,125
Raw materials inventory		48,125
Work in process inventory		35,000
Finished goods inventory		55,000
Accounts receivable, net	60,000	84,000
Prepaid expenses	5,000	1,000

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.