Manufacturing Company Balance Sheet Partial balance sheet data for Flat Top Company at December 31, 2016, are as follows: Finished goods inventory $40,250 Prepaid insurance 27,500 Accounts receivable 105,000 Work in process inventory 157,500 Supplies 71,300 Materials inventory 87,500 Cash 112,000 Prepare the Current Assets section of Flat Top Company's balance sheet at December 31, 2016. Flat Top Company Balance Sheet December 31, 2016 Current assets: Cash $ 112,000 Accounts receivable 105,000 Inventories: Finished goods $ 40,250 Work in process 157,500 Materials 87,500 Supplies 71,300 Prepaid insurance 27,500 Total current assets