Check my work Minden Company is a wholesale distributor of premium European chocolates. The company's balance sheet as of April 30 is given below. Minden Company Balance Sheet April 30 Assets Cash Accounts receivable Inventory Buildings and equipment, net of depreciation Total assets Liabilities and Stockholders' Equity Accounts payable Note payable Common stock Retained earnings Total liabilities and stockholders' equity $ 9,100 77,250 40,000 239,000 $365,350 $ 79,750 12,300 180,000 93,300 $ 365,350 The company is in the process of preparing a budget for May and has assembled the following data: