Hello! Do you mind correcting the ones that are wrong and completing table 8. I've provided all the necessary information. Thank you!

rect of incorrect for the work you have completed Dimsdale Sports, a merchandising company, reports the following balance sheet at December 31. DIMSDALE SPORTS COMPANY Balance Sheet December 31 Assets Cash $ 21,000 Accounts receivable 520, 000 Inventory 142 ,500 Equipment $ 576, 000 Less: Accumulated depreciation 72, 000 Equipment, net 504, 000 Total assets $ 1, 187, 500 Liabilities and Equity Liabilities Accounts payable $ 370,000 Loan payable 11, 000 Taxes payable (due March 15) 90, 000 $ 471,000 Equity Common stock $ 473, 000 Retained earnings 243, 500 Total stockholders' equity 716, 500 Total liabilities and equity $ 1, 187, 560 To prepare a master budget for January, February, and March, use the following information.