2	Prepare a "Budget Variance Report" as of March 31, 2020. Provide possible
	explanations for any variances in excess of $5,000 as of March 31, 2020.
3	Prepare a "Cash Flow Budget", on a quarterly basis, given the following:
	(a)	Assume actual revenues and expenditures for 2020
		are the same as quarterly budget distributions developed in Part 1 of
		this question.
	(b)	The company borrowed $48,000 in April, 2020 to be repaid monthly
		over the next year (starting in May, 2020). In addition to the principal repayment,
		$100 of interest will be paid each month
	(c)	The company bank balance is $100,000 on January 1, 2020
		(Hint : Cash Balance at December 31, 2020 $147,400)
4	The CFO has asked you for comments on the projected cash flow for 2020.
	What points would you bring to the CFO's attention?