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Norah, the sole shareholder of Mad Dog Food Truck, runs a food truck in the suburb of a large city. Her balance sheet as at

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Norah, the sole shareholder of Mad Dog Food Truck, runs a food truck in the suburb of a large city. Her balance sheet as at May 31. 2020 is as follows: In the upcoming year, Norah expects the following events to occur: - Total revenues of $28,000 and total expenses of $9,580 - Inventory is expected to increase by $1,100 - By the end of May, 2021, Mad Dog Food Truck will owe its suppliers $3,000 - No principal payments will be made on the loan payable during 2021 - Purchase of new equipment for $2,500. The entire purchase will be financed through - Expect to have a cash balance of $23,000 at the end of fiscal 2021 - Depreciate assets by $980 during 2021 Do not enter dollar signs or commas in the input boxes. Use the negative sign for negative values. Prepare Mad Dog Food Truck's budgeted balance sheet as at May 31, 2021. Total Liabilities Shareholder's Equity Total Liabilities \& Shareholder's Equity

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