I need help completing the prepared budgeted balance sheet for the instrumental medical supply, which is seen on the first photo. The second photo shows the previous problems solved. Lastly, The Third and fourth photo represent the data table and requirements.

Prepare the budgeted balance sheet for Instrument Medical Supply of April 30 Instrument Medical Supply Budgeted Balance Sheet April 30 Assets Current assets Cash Accounts receivable Inventory Total current assets 54,230 13,350 27450 $ 95,030 95,000 (42.400) 52 600 $ 147 630 Plant assets Equipment Accumulated depreciation Total assets Liabilities Current liabilities Accounts payable Accrued expenses payable Total liabilities 10880 Owners' Equity Owners' equity Total liabilities and owners' equity Enter any number in the edit fields and then click Check Answer VRIJUZSILCI Instrument Medical Supply has applied for a loan First American's Bank has requested a budgeted balance sheet as of April 30, and a combined cash budget for April As Instrument Medical Supply controller, you have assembled the following information (Click the icon to view the information Read the requirement Requirement 1. Show separate computations for cash, inventory, and owners' equity balances. Begin by calculating the cash balance Beginning balance Cash inflows Cash sales B2300 Collections (17.500) Cash outflows Payment of March liabilities Cash purchases Payments for April (credit) purchases Purchase of equipment Operating expenses (42.400 Ending balance Calculate the inventory balance Inventory Beginning balance 20,100 Add Purchases 47,300 Less Cost of goods sold (48,950) 27,450 Ending balance Calculate the ownequity balance Owners' Equity 12.500 Add Revenues Loss Expenses Ending balance enses Data Table entory be Invent sold a. March 31 equipment balance, $52,600; accumulated depreciation, $41,900 b. April capital expenditures of $42,400 budgeted for cash purchase of equipment. c. April depreciation expense, $500. d. Cost of goods sold, 55% of sales. e. Other Apnl operating expenses, including income tax, total $13,600, 20% of which will be paid in cash and the remainder accrued at April 30. f. March 31 owners' equity, $92,500 g. March 31 cash balance, S40, 700. h. April budgeted sales, $89,000, 70% of which is for cash. Of the remaining 30%, half will be collected in April and half in May. i. April cash collections on March sales, $29,500. J. April cash payments of March 31 liabilities incurred for March purchases of inventory, $17,500 k. March 31 inventory balance, $29,100. 1. April purchases of inventory, $10,700 for cash and $36,600 on credit. Half of the credit purchases will be paid in April and half in May. vers' eq! wners' Eq SI nce Print Done i Requirements bala ntor 1. Prepare the budgeted balance sheet for Instrument Medical Supply at April 30. Show separate computations for cash, inventory, and owners' equity balances. 2. Prepare the combined cash budget for April 3. Suppose Instrument Medical Supply has become aware of more efficient (and more expensive) equipment than it budgeted for purchase in April. What is the total amount of cash available for equipment purchases in April, before financing, if the minimum desired ending cash balance is $19,000? (For this requirement, disregard the $42,400 initially budgeted for equipment purchases.) Before granting a loan to Instrument Medical Supply, First American's Bank asks for a sensitivity analysis assuming that April sales are only $59,333 rather than the $89,000 originally budgeted (While the cost of goods sold will change, assume that purchases, depreciation, and the other operating expenses will remain the same as in the earlier requirements.) Prepare a revised budgeted balance sheet for Instrument Medical Supply, showing separate computations for cash, inventory, and owners' equity balances. b. Suppose Instrument Medical Supply has a minimum desired cash balance of $25,000. Will the company need to borrow cash in April? Print Done