Please help with the below question.

Options to compute the Ending Owners' Equity:

Beg. Balc./COG/Receipts/Sales Revenue + Beg. Balc./COG/Receipts/Sales Revenue - (Please check the Image) = Ending owners' Equity

Use the following information to prepare a budgeted balance sheet for Marinetcom at March 31 Show computations for the cash and owners' equity amounts E (Click the icon to View the March operating information.) Begin by determining the formula, then compute the ending cash balance. Beginning balance + Receipts . Payments for inventory, liabilities, and other expenses 3 11,400 + 14,500 . 17,900 Next, determine the formula, then compute the ending owners' equity. Beginning balance 4- Sales revenue . E Cost of goods sold and depreciation and other expenses Cost of goods sold and other expenses Depreciation and other expenses Payments for inventory and other expenses Payments for inventory, liabilities, and other expenses Payments for liabilities and other expenses Ending cash balance $ 8,000 Ending owners' equity 0 Data Table . March 31 inventory balance, $16,925 . March payments for inventory, $4.200 . March payments of accounts payable and accrued liabilities, $8,700 . March 31 accounts payable balance, $1,400 . February 28 furniture and xtures balance, $34,400; accumulated depreciation balance, $29,860 February 28 owners' equity, $28,690 . March depreciation expense, $500 . Cost of goods sold, 40% of sales Other March expenses, including income tax, total $5,000; paid in cash . February 28 cash balance, $11,400 . March budgeted sales. $12,500 . March 31 accounts receivable balance, one-fourth of March sales m. March cash receipts, $14,500 Print Done