The management of Zigby Manufacturing prepared the following estimated balance sheet for March 2019.

ZIGBY MANUFACTURING

Estimated Balance Sheet

March 31, 2019

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Documents2 .do McGrew-Hill Car Connect X Candles ACG 20: C https://ezto.mheducation.com/ext/map/index.html?_con=con&external_brow B] denwo... G Google Saved check my work mode : This shows what is correct or incorrect for the work you have complete Budgeted Income Statement For Three Months Ended June 30, 2019 Sales $1,674,400 Cost of goods sold 1,410,360 Gross profit 264,040 Operating expenses General administrative salaries 63,000 Sales commissions 167,440 Sales salaries 15,000 Bank loan interest expense 320 Long-term note interest 14,040 Total operating expenses 259.800 Income before taxes 4,240 Income taxes payable ,696 Net income O 2,544 raw 4 of 4 leation