Selected accounts from Phipps Corporation's trial balance are as follows. Phipps Corporation Trial Balance December 31 (Selected Accounts) Debit Credit $70,000 27,000 13,000 48,000 10,000 Cash Short-Term Marketable Securities Accounts Receivable Inventories Other Current Assets Land Equipment Accumulated Depreciation Equipment Goodwill Other Intangible Assets 120,000 45,000 $5,000 30,000 15,000 Prepare the assets section of the company's balance sheet. Phipps Corporation Balance Sheet December 31 Assets Current Assets: $ Total Current Assets Total Assets