Question - Partial balance sheet data for Ellison Company at December 31, 2008 are as follows:
Finished goods inventory $12,500
Prepaid insurance 6,000
Accounts receivable 25,000
Work in progress inventory 45,000
Supplies 15,000
Material Inventory 24,000
Cash 32,000
Prepare the current Assets section Of Ellison Company's balance sheet at December 31, 2008?