Exercise 18-7 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 a grocery distribution company Account Company 1 Company 2 Cash Raw materials inventory Merchandise inventory Work in process inve Finished goods inventory Accounts receivable, net Prepaid expenses $ 7,000 5,000 38,500 41,500 28,000 48,000 68,000 1,000 ntory 58,000 5, 000 Required (1) ldentify 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