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 Estlmated Balance Sheet March 31, 2015 Assets Cash Accounts recelvable Raw materials Inventory FInished goods Inventory $59,000 487,500 93,010 433,000 Total current assets Equipment, gross Accumulated depreclation 1,072,510 638,000 (169,000) Equlpment, net 469,000 Total assets $ 1,541,510 Liablities and Equity Accounts payable Short-term notes payable 215,410 31,000 Total current llablties Long-term note payable $ 246,410 530,000 Total liabilities Common stock Retalned earnings 776,410 354,000 411,100 Total stockholders' equity 765,100 Total llablities and equity $ 1,541,510