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just need help with the red boxes Joseph Moore. Bramble &. Thomas's controller, has received all the budgets prepared by the various operating units and
just need help with the red boxes Joseph Moore. Bramble \&. Thomas's controller, has received all the budgets prepared by the various operating units and is ready to compile the pro-forma financial statements for the first quarter. The company's balance sheet as of December 31 is as follows: Additional Information: Bramble \& Thomas plans to purchase and pay cash for a piece of land in February at a cost of $90,000. Bramble \& Thomas plans to purchase equipment in March at a cost of $30,000. Depreciation for manufacturing overhead $42,000 per quarter and for selling and administrative $30,00 Wer month. The company expects a 30% income tax rate, and all quarterly taxes are paid in the first month of the following quarter. Prepare Bramble \& Thomas's pro-forma income statement for the first quarter. (Enter negative amounts using either a nega preceding the number es. -45 or parentheseses. (45).) Balance Sheet March 31
just need help with the red boxes
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