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 Cash 82,000 129,000 52,500 Inventory Plant and equipment, net of depreclation et of 217000 Total assets 480,500 Liabilities and Stockholders Equity Accounts payable 78,000 347000 55,500 Common stock Retained earnings Total labilities and stockholders equity 480,500