Question 11 of 11 View Policies Current Attempt in Progress Golden Valley Corporation reported the following selected items at February 28, 2021 Accounts payable $975,5201 Inventory $395,200 Accounts receivable 488,800 Notes receivable-due November 1.2021 312,000 Allowance for doubtful accounts 31,200 Notes receivable-due April 1, 2024 416.000 Bad debts expense 24,960 Prepaid rent 8.320 Cash 156,000 Sales tax recoverable 39.520 Deferred revenue 5,200 Trading investments 343,200 Estimated inventory returns 19.760 Prepare the current assets section of Golden Valley's statement of financial position (List Current Assets in order of liquidity) GOLDEN VALLEY CORPORATION Statement of Financial Position (Partial) Assets -/1 E