1. Prepare the sales budget for April. 2. Prepare the inventory, purchases, and cost of goods sold budget for April. 3. Prepare the selling and administrative expense budget for April. 4. Prepare the schedule of cash receipts from customers for April. 5. Prepare the schedule of cash payments for selling and administrative expenses for April. 6. Prepare the cash budget for April. Assume the company does not use short-term financing to maintain a minimum cash balance. 7. Prepare the budgeted income statement for April. 8. Prepare the budgeted balance sheet at April 30, 2024. Balance Sheet March 31, 2024 Assets Current Assets: Liabilities Current Liabilities: Accounts Payable Stockholders' Equity Common Stock, no par Retained Earnings $5,00082,900 Total Stockholders' Equity 137,900$145,800 1. Prepare the sales budget for April. 2. Prepare the inventory, purchases, and cost of goods sold budget for April. 3. Prepare the selling and administrative expense budget for April. 4. Prepare the schedule of cash receipts from customers for April. 5. Prepare the schedule of cash payments for selling and administrative expenses for April. 6. Prepare the cash budget for April. Assume the company does not use short-term financing to maintain a minimum cash balance. 7. Prepare the budgeted income statement for April. 8. Prepare the budgeted balance sheet at April 30, 2024. Balance Sheet March 31, 2024 Assets Current Assets: Liabilities Current Liabilities: Accounts Payable Stockholders' Equity Common Stock, no par Retained Earnings $5,00082,900 Total Stockholders' Equity 137,900$145,800