IThe following information applies to the questions displayed below Beech Corporation is a merchandising company that is preparing a master budget for the third quarter of the calendar year. The company's balance sheet as of June 30th is shown below: Beech Corporation Balance Sheet 92,000 130,000 Accounts receivable 48,600 Plant and equipment, net of depreciation 216,000 486,600 Total assets Liabilities and Stockholders' Equity 77000 Accounts payable 329,000 Retained earnings 80,600 486,600 Total liabilities and stockholders' equity