Budgeted Income Statement and Balance Sheet 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, 20YB, is prepared by the Accounting Department of Regina Soap Co.: Cash Accounts Receivable Finished Goods $100,900 180,600 37,900 Work in Process 25,300 Materials 41,500 Prepaid Expenses 3,100 Plant and Equipment 445,000 Accumulated Depreciation-Plant and Equipment $191,400