(Click the icon to view the trans and activity. If an input field is not used in the equation leave the input field empty: do not enter a zero. Abbreviations used.) Cash AR + RM Inv. + FG Inv. + Equip A/P + (AD) - cs RE con BABA Prepare a budgeted balance sheet for Fishkin, Inc. for December 31, 2025. Fishkin, Inc. Budgeted Balance Sheet December 31, 2025 Assets Berkson, Inc. has the following balance sheet at December 31, 2024 Click the icon to view the balance shoot.) Berkson projects the following transactions for 2025: (Click the icon to view the transactions) Prepare a budgeted balance sheet for Berkson, Inc. for December 31, 2025 (Hint: It may be helpful to trace the effects of each transaction on the accounting equation to determine the ending balance of each account) elp * Begin by completing the accounting equation for the 2025 transactions, (Use a minus sign of parentheses to enter accountroductions and contra asset balances and activity. If an input field is not used in the equation love the input field empty, do not enter a zero Abbreviations used.) + RE 1 AP Cash Equip CS AR FG Inv+ RM Inc.- (AD) I Data table Balance Sheet December 31, 2024 Assets Current Assets: Cash $ $ 2,000 Accounts Receivable 500 300 1,650 Raw Materials Inventory Finished Goods Inventory Total Current Assets Property, Plant, and Equipment: Equipment $ 4,450 14,000 (1,200) Lace Accumulatori Danreciation 12,800 1 X Data table Equipment Less: Accumulated Depreciation 14,000 (1,200) 12,800 $ 17,250 Total Assets Liabilities Current Liabilities: $ 1,500 CA $ Accounts Payable Stockholders' Equity Common Stock, no par Retained Earnings Total Stockholders' Equity Total Liabilities and Stockholders' Equity 5,500 10,250 15,750 $ 17,250 Print Done transactions.) buil und More info us a. C. e. . Sales on account, $26,000 b. Cash receipts from customers from sales on account, $24,100 Purchase of raw materials on account, $2,000 d. Payments on account, $2,000 Total cost of completed products, $13,300, which includes the following: Raw materials used, $2,000 Direct labor costs incurred and paid, $4,100 Manufacturing overhead costs incurred and paid, $6,500 Depreciation on manufacturing equipment, $700 f. Cost of goods sold, $13,400 g. Selling and administrative costs incurred and paid, $6,000 h. Purchase of equipment, paid in 2025, $2,500 Print Done