Presented below are selected accounts of Indigo 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 Indigo 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 )

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Presented below are selected accounts of Indigo Company at December 31, 2017. Inventory (finished goods) $ 58,600 Cost of Goods Sold $2,109,500 Unearned Service Revenue

Presented below are selected accounts of Indigo 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 Indigo 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.)