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just the incorrect ones Richard Miller, Coronado & Charles's controller. has received all the budgets prepared by the various operating units and is ready to
just the incorrect ones Richard Miller, Coronado \& Charles'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: Coronado 8 Charles plans to purchase and pay cash for a piece of land in February at a cost of $90,000. Coronado \&. Charles plans to purchase equipment in Marchat a cost of $30.000 Depreciation for manufacturing overhead $42.000 per quarter and for selling and administrative $30.000 per month. Additional Information: Coronado \& Charles plans to purchase and pay cash for a piece of land in February at a cost of $90,000. Coronado \& Charles 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 $30,000 per month. The company expects a 30% income tax rate, and all quarterly taxes are paid in the first month of the following quarter. Prepare Coronado \&i Charles's pro-forma balance sheet as of March 31
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