ZIGBY MANUF Estimated Balance Sheet March 31, 2017 Assets Cash Accounts receivable Raw materials inventory Finished goods inventory Total current assets Equipment, gross Accumulated depreciation Equipment, net Total assets $ 51,000 483,600 94,100 443,520 1,072,220 622,000 (161,000) 461,000 $1,533,220 Liabilities and Equity Accounts payable Short-term notes payable Total current liabilities Long-term note payable Total liabilities Common stock Retainkd earnings Total stockholders equity 211,400 23,000 234,400 515,000 749,400 346,000 437,820 783,820 $1,533,220 Total liabilities and equity