Hillyard Comparyy, an office supplies specialty store, prepares its master budget on a quarterly basis. The followning data have beon assembled to ascist in preparing the master budget for the first quarter:

a$.$ As of December $31($the end of the pror quarten$),$ the compariy's general ledger showed the following account balances:

$\backslash$table$[[,$Debits,Creults$],[$Cash$,$$$46,900,],[$Accounts recelvable,$204,800,],[$Imventory$,58,65,],[$Butldings and equipment $($net$),356,000,],[$Accounts payable,,$$86,925$

PLEASE HELP WITH REQUIRED $1-5!!!!$