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Included in the December 31 trial balance of Whispering Company are the following assets. Cash $294,500 Work in process $310,000 Equipment (net) 1,705,000 Accounts

Included in the December 31 trial balance of Whispering Company are the following assets. Cash $294,500 Work in process $310,000 Equipment (net) 1,705,000 Accounts receivables (net) 620,000 Prepaid insurance 63,550 Patents 170,500 Raw materials 519,250 Finished goods 263,500 Prepare the current assets section of the December 31 balance sheet. (List Current Assets in order of liquidity.) WHISPERING COMPANY Balance Sheet (Partial)

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