Show transcribed image text [The 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 June 30 Assets Cash Accounts receivable Inventory Plant and equipment, net of depreciation $ 96,000 139,000 70,200 228,000 Total assets $533,200 Liabilities and Stockholders' Equity Accounts payable Common stock Retained earnings $ 89,000 333,000 111,200 Total liabilities and stockholders' equity $533,200
[The 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 June 30 Assets Cash Accounts receivable Inventory Plant and equipment, net of depreciation $ 96,000 139,000 70,200 228,000 Total assets $533,200 Liabilities and Stockholders' Equity Accounts payable Common stock Retained earnings $ 89,000 333,000 111,200 Total liabilities and stockholders' equity $533,200
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