Exercise 2-3

Suppose the following items were taken from the December 31, 2017, assets section of the Bramble Corp. balance sheet. (All dollars are in millions.)

Inventory		$16,570		Patents		$11,190
Notes receivabledue after December 31, 2018		5,400		Buildings		21,980
Notes receivabledue before December 31, 2018		360		Cash		8,200
Accumulated depreciationbuildings		13,310		Accounts receivable		5,620
				Debt investments (short-term)		1,620

Prepare the assets section of a classified balance sheet. (List the current assets in order of liquidity.)