03. Fill in the blanks of Table 1: Monthly Cash Outflows and Table 2: Monthly Cash of information to generate Table3: Pro-Forma Cash Flow Budget and answer the follow points in total) Table 1: AgBiz Estimated Monthly Cash Outflows (Jan-Apr.) Mar Item Sales Jan $27,000 Feb $20,000 Apr $10,000 Purchases($) $6,500 $10,000 $25,000 $17,000 $3,000 $3,000 $3,000 $3,000 Payment of Account Payable Payment of Overhead Total Cash Outflows Inventory Levels $12,000 $11,500 $35,000 Assumptions: 1. The inventory turnover rate is 6. 2. Inventory is equal to current month's purchases + previous month's purchases 3. Cost of goods sold=50% of sales 4. Account payable turnover ratio=12