Exercise 14-7 Balance sheet identification and preparation LO C4 Current assets for two different companies at fiscal year-end 2017 are listed here. One is a manufacturer, Rayzer Skis Mfg., and the other, Sunrise Foods, is grocery distribution company. Account Company 1 Company 2 5,000 42,000 $ 7,000 Cash Raw materials inventory Merchandise inventory Work in process inventory Finished goods inventory 45,000 - 30,000 50,000 75,000 900 Accounts receivable, net Prepaid expenses 62,000 1,500 Required: (1) Identify which set of numbers relates to the manufacturer and which to the merchandiser. (2) Prepare the current asset section for each company from this information. Complete this question by entering your answers in the tabs below. Req 2 Company 1 Req 2 Company 2 Req 1