Current assets for two different companies at calendar year-end 2011 are listed here A+

Current assets for two different companies at calendar year-end 2011 are listed here. One is a manufacturer, Roller Blades Mfg., and the other, Sunny Foods, is a grocery distribution company.

Account Company 1 Company 2

Cash $ 9,000 $ 7,000

Raw materials inventory — 44,000

Merchandise inventory 47,000 —

Goods in process inventory — 32,000

Finished goods inventory — 52,000

Accounts receivable, net 64,000 77,000

Prepaid expenses 3,500 700

(1) Identify which set of numbers relates to the manufacturer.

(2) Prepare the current asset section for each company from this information.

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