As a preliminary to requesting budget estimates of sales, costs, and expenses for the fiscal year beginning January 1, 2019, the following tentative trial balance as of December 31, 2018, is prepared by the Accounting Department of Regina Soap Co.: Cash Accounts Receivable $111,800 206,800 Finished Goods Work in Process Materials 43,400 29,000 47,600 Prepaid Expenses 3,500 Plant and Equipment 500,900 Accumulated Depreciation-Plant and Equipment $215,400 Accounts Payable 106,300 Common Stock, $10 par 250,000 291,300 Retained Earnings $943,000 $943,000 Factory output and sales for 2019 are expected to total 25,000 units of product, which are to be sold at $110 per unit. The quantities and costs of the inventories at December 31, 2019, are expected to remain unchanged from the balances at the beginning of the year. Budget estimates of manufacturing costs and operating expenses for the year are summarized as follows Estimated Costs and Expenses