Problem $7-4$A $($Static$)$ Manufacturing: Preparation of a complete master budget LO P$1,$ P$2,$ P$3$

The management of Zigby Manufacturing prepared the following balance sheet for March $31.$

$\backslash$table$[[,,\backslash$table$[[$ZIGBY MANUP$],[$Balance$],[$March$]],\backslash$table$[[$ACTURING$],[$Sheet$],[31]],,],[$Assets$,,,$Liabilities and Equity,,$],[$Cash$,,$$$40,000,$Liabilities,,$],[$Accounts receivable,,$344,400,$Accounts payable,$$201,000,],[$Raw materials inventory,,$98,500,$Loan payable,$12,000,],[$Finished goods inventory,,$325,54,$Long$-$term note payable,$500,000,$$$713,000$