2. Here are some important figures from the budget of Nashville Nougats, Inc., for the second quarter of 2015: The company predicts that 5 percent of its credit sales will never be collected, 40 percent of its sales will be collected in the month of the sale, and the remaining 55 percent will be collected in the following month. Credit purchases will be paid in the month following the purchase. In March 2015, credit sales were $275000 and credit purchases were $172,300. Using this information, complete the following cash budget in the template below:

	April	May	June
Credit sales	$374,400	$349,500	$420,500
Credit purchases	148,900	169,300	200,300
Cash disbursements:
Wages, taxes, and expenses	54,340	70,300	75,170
Interest	12,580	12,580	12,580
Equipment purchases	88,800	135,000	0

Compute the following? Cash flow information for Nashville Nougats, Inc.

	April	May	June
Beginning Cash Balance	175,000.00
Cash Receipts
Cash Collection from Credit Sales
Total Cash Available
Cash Disbursements:	N/A	N/A	N/A
Purchases
Wages, Taxes and Expenses
Interest
Equipment Purchases
Total Cash Disbursements
Ending Cash Balance

What is the:

Ending Cash Balance April?

Ending Cash Balance May?

Ending Cash Balance June?