Prepare the current assets section of Sunland Company's December 31, 2020, balance sheet, with appropriate disclosures. (List Current Assets in order of liquidity. Enter account name only and do not provide the descriptive information provided in the question.) Presented below are selected accounts of Sunland Company at December 31, 2020. Inventory (finished goods) Unearned Service Revenue Equipment Inventory (work in process) Cash Debt Investments (trading) Customer Advances Restricted Cash for Plant Expansion $53,500 93,700 262,300 39,200 39,100 33,400 36,400 54,200 Cost of Goods Sold Notes Receivable Accounts Receivable Inventory (raw materials) Supplies Expense Allowance for Doubtful Accounts Licenses Additional Paid-in Capital Treasury Stock $2,123,000 36,400 155,200 177,770 65,070 13,000 18,610 86,360 23,900 The following additional information is available. 1. 2. 3. 4. Inventories are valued at lower-of-cost-or-market using LIFO. Equipment is recorded at cost. Accumulated depreciation, computed on a straight-line basis, is $46,253. The short-term investments have a fair value of $28,190. The notes receivable are due April 30, 2022, with interest receivable every April 30. The notes bear interest at 6%. (Hint: Accrue interest due on December 31, 2020.) The allowance for doubtful accounts applies to the accounts receivable. Accounts receivable of $54,900 are pledged as collateral on a bank loan. Licenses are recorded net of accumulated amortization of $13,570. Treasury stock is recorded at cost. 5. 6. 7. Balance Sheet (Partial) For the Year Ended December 31, 2020 A Current Assets $ Total Current Assets $