Sarah, the sole stockholder of Barnie Inc., runs a home-cleaning service in the suburb of a large balance sheet as at January 31, 2019 is as follows: Barnie Inc. Balance Sheet As at January 31, 2019 Assets Cash $4,400 $12,300 Accounts Receivable Equipment Accumulated Depreciation $8,600 $ 1.100 Total Assets $24,200 Liabilities Accounts Payable $3,300 Notes Payable $10,400 Total Liabilities $13,700 Stockholder's Equity $10,500 Total Liabilities & Stockholder's Equity $24,200 nolders Equity $24,200 In the upcoming year, Sarah expects the following events to occur Total revenues of $27,000 and total expenses of $6,090 100% of accounts receivable from the prior year will be collected in the following year Credit sales will represent 59% of revenues for the year 100% of accounts payable owing from 2019 will be paid off in 2020 By the end of January, 2020, Barnie will owe its suppliers $3,500 No principal payments will be made on the bank loan during 2019 Purchase of new equipment for $2,600. The entire purchase will be financed through a bank loan Expect to have a cash balance of $22.500 at the end of fiscal 2020 Depreciate assets by $620 during 2020 Do not enter dollar signs or commas in the input boxes Use the negative sign for negative values. GA AME ENGAGE Barnie Inc. Budgeted Balance Sheet As at January 31, 2020 Assets Cash $ 22500 Accounts Receivable Equipment S Accumulated Depreciation $ Total Assets S Liabilities Accounts Payable $ Notes Payable Total Liabilities IS Stockholder's Equity S Total Liabilities & Stockholder's Equity s