Presented below are selected accounts of Headland Company at December 31, 2017.

Inventory (finished goods)		$ 58,600		Cost of Goods Sold		$2,109,500
Unearned Service Revenue		97,000		Notes Receivable		42,000
Equipment		260,700		Accounts Receivable		161,850
Inventory (work in process)		42,300		Inventory (raw materials)		202,780
Cash (not including restricted cash)		43,700		Supplies Expense		62,840
Debt Investments (trading)		33,500		Allowance for Doubtful Accounts		12,140
Customer Advances		52,200		Licenses		19,180
Restricted Cash for Plant Expansion		54,000		Additional Paid-in Capital		92,560
				Treasury Stock		21,680

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 $54,748.
3.		The short-term investments have a fair value of $28,540.
4.		The notes receivable are due April 30, 2019, with interest receivable every April 30. The notes bear interest at 6%. (Hint: Accrued interest due on December 31, 2017.)
5.		The allowance for doubtful accounts applies to the accounts receivable. Accounts receivable of $46,700 are pledged as collateral on a bank loan.
6.		Licenses are recorded net of accumulated amortization of $14,410.
7.		Treasury stock is recorded at cost.

Prepare the current assets section of Headland Companys December 31, 2017, 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.)