Exercise 173 (Part Level Submission) Peters Manufacturing Company has the following data at June 30, 2016: Raw materials inventory, June 1 Work in process inventory, June 1 Finished goods inventory, June 1 Total manufacturing costs Sales Work in process inventory, June 30 Finished goods inventory, June 30 Raw materials inventory, June 30 $ 13,800 18,100 43,500 430,000 580,000 30,400 55,200 18,000 Indicate the balance sheet presentation of the June 30 inventories. (List Current Assets in order of liquidity.) PETERS COMPANY (Partial) Balance Sheet June 30, 2016 xXxx