Need help, cannot figure out part 2

Budpers income statement and balance sheet cas bepining dite fax Budpe etimkes of nuchturing cast and operitg egerses for the yar are summolad as follons: Budaet estimates of manufacturino costs and oneratino exnenses for the vear are summarized as follows: tath in Mar. Required: Total operating expenses Income before income tax 2. Prepare a budgeted balance sheet as of December 31,20Y. Regina Soap Co. Budgeted Balance Sheet December 31, 20Y9 Assets Current assets: Cash $108,700 Accounts receivable 215,200 Inventories: Finished goods Work in process Materials 49,500 Prepaid expenses Total current assets Property, plant, and equipment: plant and equipment Accumulated depreciation 233,000 Total property, plant, and equipment Total assets Liabilities Current liabilities: Accounts payable Stockholders" Equity Common stock Retained earnings Total stockholders' equity