Presented below are selected accounts ofMarinCompany at December 31, 2020.

Inventory (finished goods)$60100Cost of Goods Sold$2155700Unearned Service Revenue90800Notes Receivable39600Equipment257600Accounts Receivable161840Inventory (work in process)34600Inventory (raw materials)185820Cash42200Supplies Expense64880Debt Investments (trading)37000Allowance for Doubtful Accounts12220Customer Advances52700Licenses19080Restricted Cash for Plant Expansion56100Additional Paid-in Capital92790Treasury Stock22870

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 $55490.3.The short-term investments have a fair value of$31450.4.The notes receivable are due April 30, 2022, with interest receivable every April 30. The notes bear interest at6%. (Hint:Accrue interest due on December 31, 2020.)5.The allowance for doubtful accounts applies to the accounts receivable. Accounts receivable of $49100are pledged as collateral on a bank loan.6.Licenses are recorded net of accumulated amortization of $12600.7.Treasury stock is recorded at cost.

Prepare the current assets section ofMarinCompany's December 31, 2020, 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.)

MARINCOMPANY

Balance Sheet (Partial)

December 31, 2020

For the Year Ended December 31, 2020

For the Quarter Ended December 31, 2020

Current Assets

Current Liabilities

Intangible Assets

Long-term Investments

Long-term Liabilities

Property, Plant and Equipment

Stockholders' Equity

Total Assets

Total Current Assets

Total Current Liabilities

Total Intangible Assets

Total Liabilities

Total Liabilities and Stockholders' Equity

Total Long-term Investments

Total Long-term Liabilities

Total Property, Plant and Equipment

Total Stockholders' Equity

$

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Current Assets

Current Liabilities

Intangible Assets

Long-term Investments

Long-term Liabilities

Property, Plant and Equipment

Stockholders' Equity

Total Assets

Total Current Assets

Total Current Liabilities

Total Intangible Assets

Total Liabilities

Total Liabilities and Stockholders' Equity

Total Long-term Investments

Total Long-term Liabilities

Total Property, Plant and Equipment

Total Stockholders' Equity

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eTextbook and MediaList of Accounts