The following information is available for Zetrov Company. a. The cash budget for March shows an ending bank loan of $11,500 and an ending cash balance of $46,800. b. The sales budget for March indicates sales of $123,000. Accounts receivable are expected to be 70% of the current-month sales. c. The merchandise purchases budget indicates that $89,300 in merchandise will be purchased on account in March. Purchases on account are paid 100% in the month following the purchase. Ending inventory for March is predicted to be 630 units at a cost of $40 each. d. The budgeted income statement for March shows net income of $48,300. Depreciation expense of $1,300 and $26,300 in income tax expense were used in computing net income for March. Accrued taxes will be paid in April. e. The balance sheet for February shows equipment of $83,700 with accumulated depreciation of $30,300, common stock of $26,500, and ending retained earnings of $8,300. There are no changes budgeted in the equipment or common stock accounts. Prepare a budgeted balance sheet at the end of March. X Answer is not complete. ZETROV COMPANY Budgeted Balance Sheet As of March 31 Assets Cash 86,100 Accounts receivable Merchandise Inventory Budgeted Balance Sheet As of March 31 Assets Cash Accounts receivable 86,100 Merchandise Inventory Total current assets $ 86,100 Equipment Accumulated depreciation Equipment, net O Total assets Liabilities Accounts payable Bank loan payable Income taxes payable Total liabilities Common stock Retained earnings Total Stockholders' Equity Total Liabilities and Equity