The management of Zigby Manufacturing prepared the following balance sheet for March $31.$ ZIGBY MANUFACTURING Balance Sheet March $31$ Assets Liabilities and Equity Cash $ $99,000$ Liabilities Accounts receivable $466,900$ Accounts payable $ $209,700$ Raw materials inventory $101,000$ Loan payable $21,000$ Finished goods inventory $402,500$ Long$-$term note payable $500,000$ $ $730,700$ Equipment $ $618,000$