Prepare a balance sheet with notes

Exhibit 1 ACCOUNT NAMES AND BALANCES AT MARCH 31, 2014 $ 60,000 ? Depreciation expense - warehouse and equipment Cash Retained Earnings April 1, 2013 Inventory, March 31, 2014 Selling Expenses Inventory, April 1, 2013 Income tax expense (estimate) Mortgage Loan -6% (due 2020) Sales Land Other Expenses Common stock Prepaid expenses Loans - Equipment (due 2021) Dividends Accounts receivable Interest expense Warehouse and equipment at cost Accumulated depreciation - Warehouse and equipment, April 1, 2013 Bank loan-demand note Taxes payable Accounts payable Other current liabilities Goodwill Administrative expenses Purchases Trading Investments (short-term) 174,000 68,500 161,000 87.000 38,000 400,000 1.193,500 565,000 39,600 250,000 16.800 550,000 170,000 92,600 79,500 1.200,000 180,000 375.000 12,000 67,200 43,600 12.000 87,200 595,000 50,000