Saved he management of Zigby Manufacturing prepared the following estimated balance sheet for March 2017 ZIGBY MANUFACTURING Estimated Balance Sheet March 31, 2017 Assets Cash 48,000 Accounts receivable 438,750 Raw materials inventory 87,980 Finished goods inventory 383,760 Total current assets 958, 410 Equipment, gross 616,000 Accumulated depreciation (158,000) Equipment, net 458,000 Total assets $1,416,410 Liabilities and Equity Accounts payable $ 187,200 Short-term notes payable 20,000 Total current liabilities 207,200 Long-term note payable SBB 100 Total liabilities 715,280 Common stock 343,000 Retained earnings. 358,210 Total stockholders' equity 701, 210 Total liabilities and equity $1,416,410 To prepare a master budet foArM d eo 2017 management others the following information Sales M 1 9500 units Forecasted sales in 1300 its are as follows And 19 500 Mav 1700