The management of Zigby Manufacturing prepared the following balance sheet for March $31.$

ZIGBY MANUFACTURING

Balance Sheet

March $31$

Assets Liabilities and Equity

Cash $ $136,000$ Liabilities

Accounts receivable $1,170,960$ Accounts payable $ $683,400$

Raw materials inventory $334,900$ Loan payable $12,000$

Finished goods inventory $1,106,836$ Long$-$term note payable $1,700,000$ $ $2,395,400$

Equipment $ $2,040,000$ Equity

Less: Accumulated depreciation $510,0001,530,000$ Common stock $1,139,000$

Retained earnings $744,2961,883,296$

Total assets $ $4,278,696$ Total liabilities and equity $ $4,278,696$

To prepare a master budget for April, May, and June, management gathers the following information.Complete this question by entering your answers in the tabs below.