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:
Monopoly
A market structure characterized by a single seller controlling all supply of a good or service, with no close substitutes.
Marginal Revenue
The incremental revenue earned by selling one more unit of a good or service.
Prices
The financial requirement for buying a good, service, or asset.
Marginal Revenue
The financial gain realized from the sale of one more unit of a good or service.
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