The following Information is available for Zetrov Company. a. The cash budget for March shows an ending bank loan of $15,000 and an ending cash balance of $61,000. b. The sales budget for March indicates sales of $130,000. Accounts receivable are expected to be 65% of the current-month sales. c. The merchandise purchases budget Indicates that $90,000 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 700 units at a cost of $35 each. d. The budgeted Income statement for March shows net Income of $49,000. Depreciation expense of $2,000 and $27,000 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 $83,000 with accumulated depreciation of $31,000, common stock of $30,000, and ending retained earnings of $9,000. There are no changes budgeted in the equipment or common stock accounts. Prepare a budgeted balance sheet at the end of March. ZETROV COMPANY Budgeted Balance Sheet As of March 31 0