Endless Mountain Company manufactures a single product that is popular with outdoor recreation enthusiasts. The company sells its product to retailers throughout the northeastern quadrant of the United States. It is in the process of creating a master budget for 2022 and reports a balance sheet at December 31, 2021 as follows: Endless Mountain Company Balance Sheet December 31, 2021 Assets Current assets: Cash Accounts receivable (net) Finished goods inventory [1.500 units) Raw materials inventory (4,500 yards) Total current assets Plant and equipment Buildings and equipment Accumulated depreciation $ 46,200 260,000 11,250 32,250 900,000 (292,000) $349,700 Plant and equipment, net Total assets Current liabilities Accounts payable Stockholders' equity Common stock Retained earnings Total stockholders' equity Liabilities and Stockholders' Equity Total abilites and stockholders' equity 608,000 $957,700 $158,000 $419,1100 379.900 799,700 $957,700 The company's chief financial officer (CFO) in consultation with various managers across the organization has developed the following set of assumptions to help create the 2022 budget