stuck on requirement 8

Requirements pgeted income 1. Prepare the sales budget for April 2. Prepare the inventory, purchases, and cost of goods sold budget for April 3. Prepare the selling and administrative expense budget for April. 4. Prepare the schedule of cash receipts from customers for April 5. Prepare the schedule of cash payments for selling and administrative expenses for April 6. Prepare the cash budget for April. Assume the company does not use short-term financing to maintain a minimum cash balance 7. Prepare the budgeted income statement for April. 8. Prepare the budgeted balance sheet at April 30, 2024 Print Done LESBITSU YULETILBUD Sheet Printing Supply Budgeted Balance Sheet April 30, 2024 Assets Current Assets Cash $51.000 Accounts Receivable $17,800 Merchandise Inventory $21,200 Total Current Assets Property. Plant, and Equipment Equipment and Fixtures $96,700 Less Accumulated Depreciation (12.700) $90,000 $84.000 Total Assets $177,700 Choose from any list or enter any number in the input fields and then click Check Answer 1 part remaining Cash budget pgeted inc Sheet Printing Supply Cash Budget For the Month Ended April 30, 2024 Beginning cash balance S Cash receipts from customers Cash available 50,500 76,900 127 400 33, 100 22.800 Cash payments Purchases of merchandise inventory Selling and administrative expenses Capital expenditures Payments for dividend Total cash payments 16.000 4.500 76,400 51,000 Ending cash balance $ Print Done Current Assets Cash Accounts Receivable $51.000 Merchandise Inventory $17,800 $21,200 $90,000 Total Current Assets Property. Plant, and Equipment: Equipment and Fixtures Less. Accumulated Depreciation $96.700 (12.700) $84,000 Total Assets $177,700 Choose from any list or enter any number in the input nelds and then click Check Answer 1 part remaining More Info e. a. April dividends of $4.500 were declared and paid. b. April capital expenditures of $16.000 budgeted for cash purchase of equipment. C. April depreciation expense, $400 d. Cost of goods sold, 40% of sales. Desired ending inventory for April is $21,200. f. April selling and administrative expenses include salaries of $33,000, 30% of which will be paid in cash and the remainder paid next month. 9. Additional April selling and administrative expenses also include miscellaneous expenses of 15% of sales, all paid in April h. April budgeted sales, $86,000.75% collected in April and 25% in May. i April cash payments of March 31 liabilities incurred for March purchases of inventory. $8,500 1. April purchases of inventory $5,700 for cash and $37,800 on account Half the credit purchases will be paid in April and half in May Print Done Sheet Printing Supply Budgeted Balance Sheet April 30, 2024 Assets Current Assets Cash Accounts Receivable $51,000 $17.800 $21.200 Merchandise Inventory Total Current Assets Property. Plant, and Equipment Equipment and Fixtures Less Accumulated Depreciation $90,000 $96.700 Total Assets (12.700) $84,000 $177,700 Choose from any list or enter any number in the input fields and then click Check Answer 1 part remaining Sheet Printing Supply Balance Sheet March 31, 2024 Assets Current Assets Cash 50,500 Accounts Receivable 12.40 Merchandise Inventory 12.100 Total Current Assets 75.000 Property, Plant and Equipment: Equipment and Fixtures 80,700 (12,300) Less: Accumulated Depreciation 68.400 Total Assets $ 143,400 Liabilities Current Liabilities: Accounts Payable 8.500 Stockholders' Equity $ Common Stock, no par 25,000 109.900 Retained Earnings Total Stockholders' Equity 134.900 Total Liabilities and Stockholders' Equity $ 143,400 Print Done