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Presented below are selected accounts of Pronghorn Company at December 31, 2017.

Inventory (finished goods)		$ 58,600		Cost of Goods Sold		$2,114,500
Unearned Service Revenue		99,700		Notes Receivable		37,200
Equipment		258,900		Accounts Receivable		148,890
Inventory (work in process)		39,700		Inventory (raw materials)		176,530
Cash (not including restricted cash)		46,500		Supplies Expense		62,000
Debt Investments (trading)		31,900		Allowance for Doubtful Accounts		12,080
Customer Advances		48,600		Licenses		18,610
Restricted Cash for Plant Expansion		52,300		Additional Paid-in Capital		83,660
				Treasury Stock		23,190

The following additional information is available.

1.		Inventories are valued at lower-of-cost-or-market using LIFO.
2.		Equipment is recorded at cost. Accumulated depreciation, computed on a straight-line basis, is $46,983.
3.		The short-term investments have a fair value of $28,930.
4.		The notes receivable are due April 30, 2019, with interest receivable every April 30. The notes bear interest at 6%. (Hint: Accrued interest due on December 31, 2017.)
5.		The allowance for doubtful accounts applies to the accounts receivable. Accounts receivable of $47,600 are pledged as collateral on a bank loan.
6.		Licenses are recorded net of accumulated amortization of $13,190.
7.		Treasury stock is recorded at cost.

Prepare the current assets section of Pronghorn Companys December 31, 2017, balance sheet, with appropriate disclosures.

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