$[$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$$s balance sheet as of June $30$th is shown below: Beech Corporation Balance Sheet June $30$ Assets Cash $ $84,000$ Accounts receivable $144,000$ Inventory $63,750$ Plant and equipment, net of depreciation $223,000$ Total assets $ $514,750$ Liabilities and Stockholders$$ Equity Accounts payable $ $84,000$ Common stock