Petra, Inc. has $400,000 in current assets, $1.25 million in plant and equipment, and $250,000 in goodwill. In what order should these assets be reported on the balance sheet?

a.current assets, plant and equipment, goodwill

b. plant and equipment, currents assets, goodwill

c.there is no correct ordering of these assets on the balance sheet

d. goodwill, plant and equipment, current assets