8 Exercise 14-7 Balance sheet identification and preparation LO C4 Current assets for two different companies at fiscal year-end are listed here. One is a manufacturer, Rayzer Skis Mfg., and the other, 10 points Sunrise Foods, is a grocery distribution company. Account Company 1 Company 2 Cash $12 , 000 $10,000 Raw materials inventory 35, 750 Merchandise inventory 38, 750 eBook Work in process inventory 26 , 000 Finished goods inventory 46 , 000 Accounts receivable, net 58 , 000 73,000 4, 000 800 Hint Prepaid expenses Required: References 1. Identify which set of numbers relates to the manufacturer and which to the merchandiser. 2a. & 2b. Prepare the current asset section for each company from this information. Complete this question by entering your answers in the tabs below. Req 1 Req 2A Req 2B Identify which set of numbers relates to the manufacturer and which to the merchandiser. Which of these company is manufacturer Which of these company is a merchandiser