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Required information [The following information applies to the questions displayed below] Parker Incorporated has the following cash balances: First Bank: Second Bank: Third Bank: Fourth

Required information [The following information applies to the questions displayed below] Parker Incorporated has the following cash balances: First Bank: Second Bank: Third Bank: Fourth Bank: $240,000 (25,808) 34,809 (12,500) Required: Prepare the current assets and current liabilities section of Parker's 2024 balance sheet, assuming Parker reports under U.S. GAAP. Parker's 2024 Balance Sheet (Partial) Current Assets: Current Liabilities

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