Vinson compary has the following post-elosing tral balance on December 31, 2018: CCick the icon to vien the posk-cloning trial balance.) The company's accounting department has gathered the folowing budgeting inlormopon tor the Arst quarter of 2019 . (Cick she icon to view the budgeting infomstion) Additional information: a. Drect materials purchases aro paid 60% in the quarter purchased and 40% in the next quarter. b. Diect labor, manufacturing ovechead, selling and administratve costs, and incorre tax expense are pald in fhe quarter incurred. c. Acoounts payable at December 31, 2018 are paid in the fist quarter of 2019. Foad the feguiremects Requirements 1. Prepare Vinson Company's budgeted income statement for the frst quarter of 2019. 2. Prepare Vinoon Concpary's budgeled baiance sheet as of March 31, 2019 . \begin{tabular}{ll|l|l} Data table & ata \\ table \end{tabular}