Question Completion Status: 36 37 38 39 40 Question 29 1 points See ANSWER QUESTIONS 28 AND 29 USING THE FOLLOWING INFORMATION Shown below is an incomplete pro forma balance sheet for a company for June 2019. Assume that the company has a $50,000 minimum cash policy PRO FORMA BALANCE SHEET June 2019 ASSETS Cash Accounts Receivable. 100,000 Inventory 300,000 Total Current Assets Piant and Equipment (Gross) 700,000 Less: Accumulate Depreciation 100,000 Plant and Equipment (Net) 600,000 Total Assets LIABILITIES & EQUITY Notes Payable-Bank Accounts Payable 70,000 Income Taxes Payable 80,000 Other Accruals 50,000 Total Current Liabilities Question Completion Status: 3 37 38 39 LIABILITIES & EQUITY Notes Payable-Bank Accounts Payable Income Taxes Payable Other Accruals Total Current Liabilities Mortgage Payable Common Stock Retained Earnings Total Liabilities and Equity 70,000 80,000 50,000 300,000 400,000 200,000 The Notes Payable-Bank balance is a $50,000 $100.000 10 d. cannot determine without knowing the Total Current Liabilities Quebon Moving to another question will see the response