Exercise 8-10 Laramie Corporation reported the following selected accounts and amounts at November 30, 2018: Accounts payable Accounts receivable Advances to employees Allowance for doubtful accounts Allowance for doubtful notes (current) Bad debts expense Cash Interest expense Interest revenue Inventory Notes receivable (current) Notes receivable (non-current) Prepaid insurance Sales Sales discounts Sales tax recoverable $ 19,400 15,700 2,500 1,100 4,300 1,700 6,500 2,100 5,200 22,700 21,500 64,500 1,300 318,200 10,000 2,700 Indicate where each of the income statement accounts would be reported (for example, operating revenue, operating expenses, non-operating expenses, or non-operating revenue). For statement of financial position accounts select "Not Applicable". Accounts payable $ 19,400 Accounts receivable 15,700 Advances to employees 2,500 Allowance for doubtful accounts 1,100 Allowance for doubtful notes (current) 4,300 Bad debts expense 1,700 Cash 6,500 Interest expense 2,100 Interest revenue 5,200 Inventory 22,700 Notes receivable (current) 21,500 Notes receivable (non-current) 64,500 Prepaid insurance 1,300 Sales 318,200 Sales discounts 10,000 Sales tax recoverable 2,700 Prepare the current assets section of Laramie's statement of financial position. (List Assets in order of liquidity. Record Accounts Receivable before Notes Receivable.) LARAMIE CORPORATION Statement of Financial Position (Partial) Assets $ $