prepare the current assets swctipn of the balance sheet for case 1. assume that case 1 the other items in the current assets section are as follows cash $3620 , receivables (net)$15810, raw materials $610, and prepaid. expenses $510

Case Direct materials used Direct labor Manufacturing overhead Total manufacturing costs Beginning work in process inventory Ending work in process inventory Sales revenue $9,760 5,680 8,480 (a) 1,460 7850 (b) 25,330 2 $ 3140 (g) 8,810 4,620 16,570 (h) 3.590 (i) Sales revenue Sales discounts Cost of goods manufactured Beginning finished goods inventory Goods available for sale Cost of goods sold Ending finished goods inventory Gross profit Operating expenses Net income 25,330 2,790 17,530 4760 (c) 22,290 (d) 3900 (e) 3,290 (f) (i) 2,010 22,960 3,660 26620 (j) 23370 (k) 3,250 7,430 2130 (I) 5,300 Prepare a condensed cost of goods manufactured schedule for Case 1. Prepare an income statement for Case 1. repare the current assets section of the balance sheet for Case 1. Assume that in Case 1 the other items in the current assets ection are as follows; Cash $3,620, Receivables (net) $15,810, Raw Materials $610, and Prepaid Expenses $510. (List Current Assets in order of liquidity.) Prepaid Expenses Prepaid Expenses Inventories Prepaid Expenses $ $ Prepaid Expenses Inventories Finished Goods Long-term Investments