Prepare the current assets section of a classified balance, Accounting Basics

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Prepare the current assets section of a classified balance

Caterpillar, Inc., reported the following accounts and amounts (in millions) in its December 31, 2008, year-end financial statements. Prepare the current assets section of a classified balance sheet. Assume that the Allowance for Doubtful Accounts relates to Accounts Receivable rather than Notes Receivable. (Enter your answers in millions. Input all amounts as positive values.)

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Accounting Basics: Prepare the current assets section of a classified balance

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