Prepare the current assets section of the balance sheet for Pharoah Company. Assume that in addition to the receivables it has cash of $$94,400,$ inventory of $$136,800,$ and prepaid insurance of $$9,000.($List Current Assets in order of liquidity.$)$

PHAROAH COMPANY

Balance Sheet $($Partial$)$

Current Assets

Cash

Inventory

$

$

$$