i just need requirement 2 I can only figure out equipment and common stock

Requirement 2. Prepare Cooke Company's budgeted balance sheet as of March 31, 2025. Cooke Company Budgeted Balance Sheet March 31, 2025 Assets Current Assets: Cash Accounts Receivable Raw Materials Inventory Finished Goods Inventory \begin{tabular}{|r|} \hline 265000 \\ \hline 331400 \\ \hline 38000 \\ \hline-46960 \\ \hline \end{tabular} Total Current Assets 626440 Property, Plant, and Equipment: Equipment Less: Accumulated Depreciation \begin{tabular}{|r|} \hline 189,000 \\ \hline 26500 \\ \hline 789940 \\ \hline \end{tabular} Total Assets Liabilities Current Liabilities: Accounts Payable Stockholders' Equity Common Stock \begin{tabular}{rr} $60,000 \\ 1121400 \\ \hline \end{tabular} Retained Earnings \begin{tabular}{|r|} \hline 181400 \\ \hline 190400 \\ \hline \end{tabular} Total Liabilities and Stockholders' Equity Data table Data table Cooke Company has the following post-closing trial balance on December 31. 2024: (Click the icon to viow the post-closing trat batance) The company's accounting department has gathered the following budgeting information for the first quarter of 2025: (Click the ioon to view the budgeting information.) Addtional information: a. Direct materials purchases are pad 50% in the cuarer purchased and 50% in the next quaner. b. Oroct labor, manufacturing overhead, seling and administrative costs, and income tax expense are pas in the quarter incumed c. Acocunts payable at December 31,2024 are paid in the first quarter of 2005 Read the teciarements. Requirement 1. Prepare Cooke Company's budgeted income statement for the first quarter of 2025. Requirement 2. Prepare Cooke Company/s budpeted balance sheet as of March 31, 2025