The following information is available for Zetrov Company.

1. The cash budget for March shows an ending bank loan of $19,500 and an ending cash balance of $63,350.
2. The sales budget for March indicates sales of $139,000. Accounts receivable are expected to be 65% of the current-month sales.
3. The merchandise purchases budget indicates that $90,900 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 790 units at a cost of $40 each.
4. The budgeted income statement for March shows net income of $49,900. Depreciation expense of $2,900 and $27,900 in income tax expense were used in computing net income for March. Accrued taxes will be paid in April.
5. The balance sheet for February shows equipment of $82,100 with accumulated depreciation of $31,900, common stock of $34,500, and ending retained earnings of $9,900. There are no changes budgeted in the equipment or common stock accounts.

Prepare a budgeted balance sheet at the end of March.