udgeted Income Statement and Balance Sheet a preliminary to requesting budget estimates of sales, costs, and expenses for the fiscal year beginning January 1, 2017, the following tentative trial balance as of December 31, 2016, is prepared by the Accounting epartment of Mesa Publishing Co.: Cash Accounts Receivable Finished Goods Work in Process Materials Prepaid Expenses Plant and Equipment Accumulated Depreclation-Plant and Equipment Accounts Payable Common Stock, $1.50 par Retained Earnings $ 26,000 23,800 16,900 4,200 6,400 500 82,000 32,000 14,800 30,000 33,100 $159,900 $159,900 actory output and sales for 2017 are expected to total 3,800 units of product, which are to be sold at $120 per unit. The quantities and costs of the inventories at December 31, 2017, are expected to remain nchanged from the balances at the beginning of the year