On the basis of the following data related to assets due within one year for Simons Co., prepare a partial balance sheet in good form at December 31. Show total current assets. 
Definitions:
Consumer Surplus
The difference between the maximum price a consumer is (or consumers are) willing to pay for an additional unit of a product and its market price; the triangular area below the demand curve and above the market price.
Net Benefit
Net benefit refers to the total positive effects or advantages of a decision or action, minus any costs or negative effects associated with it.
Creative Destruction
A process where new innovations cause the demise of older industries or technologies, leading to economic growth and development.
Economic Recession
A period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in two successive quarters.
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