Preparing a Current Asset Section along with Note Disclosures The following selected normal balances are from the post-closing trial balance of WKO Inc. as of December 31. Additional information 1. Included in the cash balance is $35,000 of cash restricted for 18 months due to a debt agreement. 2. Included in investments is $39,200 of short-term investments at fair value, and the remaining is long-term, also recognized at fair value. 3. 5% of the accounts receivable balance of $105,000 is estimated to be uncollectible. 4. Inventory is valued at the lower of cost or market. The cost value is determined using the LIFO method. a. Prepare the current asset section of the classified balance sheet on December 31 . Note: Do not use negative signs with any of your answers