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Please provide solutions :) Beech Corporation is a merchandising company that is preparing a master budget for the third quarter of the calendar year. The

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Beech Corporation is a merchandising company that is preparing a master budget for the third quarter of the calendar year. The company's balance sheet as of June 30th is shown below: Beech Corporation Balance Sheet June 30 Assets Cash 94,000 145,000 Accounts receivable 59,400 Inventory 222,000 Plant and equipment, net of depreciation 520,400 Total assets Liabilities and Stockholders' Equity Accounts payable 83,000 Common stock 331,000 Retained earnings 106,400 520,400 Total liabilities and stockholders' equity

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