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The following information Is available for Zetrov Company a The cash budget for March shows an ending bank loan of $18.000 and an anding cash

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The following information Is available for Zetrov Company a The cash budget for March shows an ending bank loan of $18.000 and an anding cash batance of $65.200 indicates sales of S136000 Accounts recevable are expected to be 65% of the current-month sales. C. The merchandise purchases budget Indicates that $90.600 in merchandise wil be purchased on accouns in March. Purchases on account are paid 100% in the month following the purchase. Ending inventory for March S predicted to be 760 units at a cost of S35 each d. The budgeted Income statemens for March shows net income of S49,600 Deprecieson expense of $2600 and $27600 in income tax expense were used in computing net inconse for March. Accrued taxes wll be paid in Aprl e The balance sheet for Fabruary shows equipment of $82 400 with accumulated depreciation of $31600, common stock of $33.000. and ending retained earnings of $9.600. There are no changes budgeted in the equipment or common stock accounts Prepare a budgeted balance sheet at the end of March Prepare a budgeted balance sheet at the end of March. Budgeted Balance Sheet As of March 31

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