1. Prepare the saled budget for April

2. Prepare the inventory, purchases, and costs of goods sold budget for April.

3. Prepare the selling and administrative expense budget for April.

4. Prepare the schedule of cash receipts from customer for April.

5. Prepare the schedule of cash payments for selling and adminstraitve expenses.

Data Table Sheet Printing Supply Balance Sheet March 31, 2016 Assets Current Assets Cash Accounts Receivable Merchandise Inventory Total Current Assets $50,700 16,300 11,800 $ 78,800 Property, Plant, and Equipment: Equipment and Fixtures Less: Accumulated Depreciation 81,300 (12,800) 68,500 Total Assets $ 147,300 Liabilities Current Liabilities Accounts Payable $ 8,300 Stockholders' Equity Common Stock, no par Retained Earnings 45,000 94,000 Total Stockholders' Equity 139,000 Total Liabilities and Stockholders' Equity 147,300 More Info April dividends of $5,500 were declared and paid April capital expenditures of $16,200 budgeted for cash purchase of equipment. April depreciation expense, $1000 Cost of goods sold. 40% of sales Desired ending inventory for April is $20,300 April selling and administrative expenses include salaries of $33,000, 40% ofwhich will be paid in cash and the remainder paid next month Additional April selling and administrative expenses also include miscellaneous expenses of 15% of sales, all paid in April. April budgeted sales, $87,000, 65% collected in April and 35% in May April cash payments of March 31 liabilities incurred for March purchases of inventory $8,300 a. b. c. d. e. f. g. h. i. j. April purchases of inventory, $6,100 for cash and $37,200 on account. Half the credit purchases will be paid in April and half in May