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You have been given the following information prepared by someone who graduated from another school on Long Island: Cash balance = $ 8 0 ,

You have been given the following information prepared by someone who graduated from another school on Long Island:
Cash balance =$80,000
Accounts receivables (gross)=$60,000
Inventory =$57,000
Investments =$86,000
Equipment =$96,000(book value after depreciation)
Further, you have been told that,
Cash includes a $9,000 certificate of deposit of 12-month maturity that should have been shown under short-term investments.
There is an allowance for doubtful accounts of $5,000.
Merchandise costing $3,000 was excluded from the above inventory because it was "assumed to have been sold" when it was simply lying in another corner of the warehouse. As a result, $4,000 was incorrectly included in gross receivables as the sale value of this merchandise.
Investments include securities with a fair value of $20,000, acquired for resale in the next 6 months. The remaining investments are meant to be held for a few years.
Equipment with a book value of $2,000 is being held for resale as soon as possible.
Based on the above information, prepare the Current Assets section of the balance sheet of this company in the space given below. List the items in the correct order.
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