Minden Company is a wholesale distributor of premium European chocolates. The company's balance sheet as of April 30 is given below:

Minden Company is a wholesale distributor of premium European chocolates. The company's balance sheet as of April 30 is given below Minden Company Balance Sheet April 30 $ 9,0e0 54,900 30 , a00 Cash Accounts receivable Inventory Buildings and equipment, net of depreciation Total assets Liabilities and Stockholders Equity Print % 300,000 Accounts payable $ 63,000 Note payable 180,800 42,500 Retained earnings Total liabilities and stockholders' equity $ 300,000 The company is in the process of preparing a budget for May and has assembled the following dat