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: Beech Corporation Balance Sheet June 30 Assets 85,000 Cash 141,000 Accounts receivable 83,250 Inventory 226,000 Plant and equipment, net of depreciation Total assets 535,250 Liabilities and Stockholders' Equity Accounts payable 87000 350,000 Common stock 98,250 Retained earnings Total liabilities and stockholders' equity 535,250