The following information has been provided for Zero One Corp.: 
Required:
a.Prepare the current asset section of Zero One's balance sheet.
b.Calculate Zero One's working capital.
Definitions:
Units Started and Completed
The quantity of product units that undergo the entire manufacturing process, from start to finish, within a given period.
Current Month
The current month refers to the ongoing month or the present period under consideration or review.
Weighted-Average Method
An inventory costing method that calculates cost of goods sold based on the weighted average cost of all items available for sale.
Equivalent Unit
An equivalent unit is a concept used in cost accounting to denote the amount of work done on units of production expressed in terms of fully completed units, facilitating the calculation of costs in a process costing environment.
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