Consider the following selected amounts and account balances of Saints:
Prepaid expenses........................$ 5,900.................Cost of goods sold.................$106,000
Marketing expense....................$29,000.................Direct labor..............................$ 51,000
Work in process inventory........$40,000.................Direct materials used...............$ 23,100
Manufacturing overhead..........$25,000.................Accounts receivable.................$ 81,000
Finished goods inventory........$61,000.................Cash..........................................$ 14,700
Raw materials inventory...........$ 9,600.................Cost of goods manufactured....$ 91,000
Requirement
Show how Saints reports current assets on the balance sheet. Not all data are used. Is this company a service company, a merchandiser, or a manufacturer? How do you know?