Required information [The following information applies to the questions displayed below.] Parker Inc. has the following cash balances: First Bank: Second Bank: Third Bank: Fourth Bank: $100,000 (11,000) 20,000 (5,500) Return to qu 2. Prepare the current assets and current liabilities section of Parker's 2021 balance sheet, assuming Parker reports under IFRS. (If there is no effect select "None" from the dropdown.) Answer is complete but not entirely correct. Parker's 2021 Balance Sheet (Partial) Current Assets: Cash Current Liabilities: None $ 160,000