3. Camp and Fevurly Financial Planning have forecasted revenues for the first six months of 2021, as shown in the following table. Month Revenue Month Revenue November 2020 $44,160 March 34,224 December 41,400 April 40,553 January 2021 32,200 May 40,755 February 32,788 June 41,400 The firm collects 70% of its sales immediately, 29% one month after the sale, and 1% are written off as bad debts two months after the sale. The firm assumes that wages and benefits paid to clerical personnel will be $9,125 per month while commissions to sales associates average 25% of collectable sales. Each of the two partners is paid $5,000 per month or 20% of net sales, whichever is greater. Com- missions and partner salaries are paid one month after the revenue is earned. Rent expense for their office space is $4,750 per month, and lease expense for office equipment is $920. Utilities average $288 per month, except in May and June when they average only $173. The ending cash balance in December 2020 was $12,000. a. Create a cash budget for January to June 2021, and determine the firm's end- ing cash balance in each month assuming that the partners wish to maintain a minimum cash balance of $10,000.