1.) Webster Corporation is preparing its cash budget for April. The March 31 cash balance is $36,800. Cash receipts are expected to be $645,000 and cash payments for purchases are expected to be $612,500. Other cash expenses expected are $27,400 selling and $33,900 general and administrative. The company desires a minimum cash balance at the end of each month of $34,000. If necessary, the company borrows enough cash to meet the minimum using a short-term note. Webster's preliminary cash balance before loan activity for April is expected to be:

2.) Zhang Industries is preparing a cash budget for June. The company has $29,000 cash at the beginning of June and anticipates $97,000 in cash receipts and $121,290 in cash payments during June. The company has no loans outstanding on June 1. Compute the amount the company must borrow, if any, to maintain a $22,000 cash balance.

3.) Zhang Industries sells a product for $900. Unit sales for May were 600 and each month's sales are expected to exceed the prior month's results by 4%. Compute the total budgeted sales dollars for the month ended June 30.

4.) Calgary Industries is preparing a budgeted income statement. Predicted sales for the year are $735,000 and cost of goods sold is 40% of sales. The expected selling expenses are $81,500 and the expected general and administrative expenses are $90,500, which includes $23,500 of depreciation. The company's income tax rate is 30%. Budgeted net income is:

5.) A department store has budgeted sales of 13,500 men's coats in September. Management wants to have 7,500 coats in inventory at the end of the month to prepare for the winter season. Beginning inventory for September is expected to be 5,500 coats. What is the dollar amount of the coat purchases if each coat has a cost of $70?