$1$

Garden Depot is a retaller that is preparing its budget for the upcoming fiscal year. Management has prepared the following summary of Its budgeted cash flows:

$12\mathrm{.}5$

points

$\backslash$table$[[,1$st Quarter,$2$nd Quarter,$3$rd Quarter,$4$th Quarter$],[$Total cash receipts,$$220,000,$$$370,000,$$$250,000,$$$270,000$