Take me to the text Tyler Sheen is the owner of Stopby Inn. He provided the selected opening balances as at June 1, 2020 and the budgeted information for June and July 2020. Selected Opening Balances as of June 1, 2020 Cash $108,600 Accounts Receivable. 71,000 Inventory 210,000 Long-term Assets 508,000 Accounts Payable 51,600 Shareholder's Equity 734,000 Budgeted Amounts For the month of June: Total Revenue $317,000 Total General and Administration Costs 201,000 Total Capital Expenditures For the month of July Total Revenue 169,000 401,500 Total General and Administration Costs 249,000 Total Capital Expenditures 201,000