Listed below are current asset items for Lester Company at December 31, 2016. 
Instructions
Prepare the current assets section of the balance sheet. (Include a complete heading.)
Definitions:
Functional Residual Capacity
The volume of air remaining in the lungs after a normal, passive exhalation, important for respiratory function analysis.
Vital Capacity
The highest quantity of air one can release from their lungs following a maximal intake of air.
Inspiratory Reserve Volume
The additional amount of air that can be inhaled after a normal inhalation.
Expiratory Reserve Volume
The additional amount of air that can be forcibly exhaled after the completion of a normal, controlled exhalation.
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