Harding Corporation has the following accounts included in its December 31, 2015, trial balance:

Accounts Receivable €110,000, Inventory €290,000, Allowance for Doubtful Accounts €8,000, Patents €72,000, Prepaid Insurance €9,500, Accounts Payable €77,000, and Cash €30,000. Prepare the current assets section of the statement of financial position, listing the accounts in the sequence shown in the chapter.