The following information applies to the questions displeyed below) The management of Zigby Manufacturing prepared the following estmated balan ZIGBY MANUFACTURING Estimated Balance Sheet March 31, 2015 Assets Cash Accounts recelvable Raw materials Inventory Finished goods inventory $ 51,000 483,600 94100 443,520 Total current assets Equipment, gross Accumulated depreciation 1,072,220 622,000 161,000) Equipment, net 461,000 Total assets $1,533,220 Liabilities and Equity Accounts payable Short-term notes payable 211,400 23,000 Total current liabilities Long-term note payable $ 234.400 515,000 Total liabilities Common stock Retained earnings 749,400 346,000 437,820 Total stockholders' equity 783,820 Total liabilities and equity $ 1,533.220