Partial balance sheet data for Flat Top Company at December 31, 2016, are as follows:

Finished goods inventory	$42,750
Prepaid insurance	27,000
Accounts receivable	104,000
Work in process inventory	153,500
Supplies	71,500
Materials inventory	88,250
Cash	115,000

Prepare the Current Assets section of Flat Top Companys balance sheet at December 31, 2016. Refer to the Labels and Accounts list provided for the exact wording of the answer choices for text entries.

Labels
Current assets
Inventories
Accounts
Accounts receivable
Accumulated depreciation-equipment
Cash
Equipment
Finished goods
Materials
Prepaid insurance
Supplies
Work in process

Prepare the Current Assets section of Flat Top Companys balance sheet at December 31, 2016. Refer to the Labels and Accounts list provided for the exact wording of the answer choices for text entries.

Flat Top Company

Balance Sheet

December 31, 2016

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10	Total current assets