Walter Co and Sandburg Industries Report the Following Information at December

Walter Co. and Sandburg Industries report the following information at December 31:
$$\begin{array} { | l | r | r | } \hline & \text { WALTER } & \text { SANDBURG } \\\hline \text { Accounts Receivable } & \$ 41,000 & \$ 68,000 \\\hline \text { Cash } & 6,000 & 7,000 \\\hline \text { Finished Goods Inventory } & & 25,000 \\\hline \text { Work in Process Inventory } & & 40,000 \\\hline \text { Merchandise Inventory } & 48,000 & \\\hline \text { Prepaid Expenses } & 1,000 & 2,000 \\\hline \text { Raw Materials Inventory } & & 21,000 \\\hline\end{array}$$
Required:
(a) Which company is a manufacturer? Explain.
(b) Prepare the current assets section of the balance sheet for the manufacturer.