Presented below are selected accounts of Blue Company at December 31, 2025. The following additional information is available. 1. Inventories are valued at lower-of-cost-or-market using LIFO. 2. Equipment is recorded at cost. Accumulated depreciation, computed on a straight-line basis, is $46,245. 3. The short-term investments have a fair value of $27,640. 4. The notes receivable are due April 30, 2027, with interest receivable every April 30 . The notes bear interest at 6%. (Hint: Accrue interest due on December 31, 2025.) 5. The allowance for doubtful accounts applies to the accounts receivable. Accounts receivable of $53,800 are pledged as collateral on a bank loan. 6. Licenses are recorded net of accumulated amortization of $14,840. 7. Treasury stock is recorded at cost. Prepare the current assets section of Blue Company's December 31, 2025, 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.) Prepare the current assets section of Blue Company's December 31, 2025, 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.) BLUE COMPANY Balance Sheet (Partial) $ $