Brief Exercise 8-1 Your answer is partially correct. Try again Included in the December 31 trial balance of Teal Company are the following assets Cash $320,000 Equipment (net) 1,760,000 Accounts Receivables (net) 640,000 176,000 272,000 304,000 Wrk in process Prepaid insurance65,600 Patents Raw materials 36,000 Finished goods Prepare the current assets section of the December 31 balance sheet. (List Current Assets in order of liquidity.) TEAL COMPANY Balance Sheet (Partial) Current Assets Cash Raw Materials 36000 Work-in-Process Finished Goods 272000 Prepaid Insurance Total Current Assets 213 Click if you would like to Show Work for this question: By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor