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[ The following information applies to the questions displayed below. ] Beech Corporation is a merchandising company that is preparing a master budget for the

[The following information applies to the questions displayed below.]
Beech Corporation is a merchandising company that is preparing a master budget for the third quarter of the calendar year. The company's balance sheet as of June 30th is shown below:
\table[[\table[[Beech Corporation],[Balance Sheet],[June 30]],],[\table[[Assets],[Cash],[Accounts receivable],[Inventory],[Plant and equipment, net of depreciation]],\table[[$90,000
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