Included in the December 31 trial balance of Waterway Company are the following assets. Cash Equipment (net) 1,430,000 Accounts Receivables (net) 520,000 Prepaid insurance 53,300 Patents Raw materials 247,000 work in process $260,000 143,000 221,000 435,500 Finished goods Prepare the current assets section of the December 31 balance sheet. (List Current Assets in order of liquidity.) WATERWAY COMPANY Balance Sheet (Partial)