/The following information applies to the questions displayed below] The management of Zigby Manufacturing prepared the following estimated balance sheet for March, 2015 ZIGBY MANUFACTURING Estimated Balance Sheet March 31, 2015 Assets Cash Accounts recelvable Raw materials Inventory Finished goods Inventory S 43,000 432.900 86,198 387168 Total current assets Equipment, gross Accumulated depreclation 949.266 606,000 (153,000) Equlpment, net 453,000 Total assets $ 1402.266 Liabilities and Equity Accounts payable Short-term notes payable 194,798 15,000 Total current liabilities Long-term note payable $ 209,798 500,000 Total llabilities Common stock Retalned earnings 709,798 338,000 354,468 Total stockholders' equity 692.468 Total liabliltles and equity S 1,402.266