Almasa Limited, a merchandising company sells a single product, which they call Toodle to various retail outlets located in shopping malls across the country. You have just been hired as a new management accountant by Almasa Limited. In the past, the company has done very little in the way of budgeting and at certain times of the year has experienced a shortage of cash. Since you are well trained in budgeting, you have decided to prepare a comprehensive budget for the upcoming second quarter of 2017 (April-June) in order to show management the benefits that can be gained from an integrated budgeting program. To this end, you have worked with recounting and other areas to gather the information assembled below. a. As of March 31, 2017 (the end of the prior quarter), the company's balance sheet showed the following accounts balances: Almasa Limited, a merchandising company sells a single product, which they call Toodle to various retail outlets located in shopping malls across the country. You have just been hired as a new management accountant by Almasa Limited. In the past, the company has done very little in the way of budgeting and at certain times of the year has experienced a shortage of cash. Since you are well trained in budgeting, you have decided to prepare a comprehensive budget for the upcoming second quarter of 2017 (April-June) in order to show management the benefits that can be gained from an integrated budgeting program. To this end, you have worked with recounting and other areas to gather the information assembled below. a. As of March 31, 2017 (the end of the prior quarter), the company's balance sheet showed the following accounts balances