The financial statements and additional information for Noble Equipment Corp. appear at www.mhhe.com/higgins9e. (Select Student Edition Choose a Chapter > Excel Spreadsheets.) The company's fiscal year end is September 30. Noble's management wants to esti- mate the company's cash balances for the last three months of calen- dar year 2008, which are the first three months of fiscal year 2009. The questions accompanying the spreadsheet ask you to prepare a monthly cash budget, pro forma financial statements, and a cash flow forecast for the period.

AppendixLO1