32 Use the following information to prepare the September can det for PTO Comentin budget a. Beginning cash balance, September 1. 543.000 b. Budgeted cash receipts from September sales. 5264,000 c. Direct materials are purchased on credit Purchase amounts are August (actual, 573.000, and Septembunge, ISO Payments for direct materials follow 60% in the month of purchase and 40% in the test month of the d. Budgeted cash payments for direct labor in September, $33.000 e. Budgeted depreciation expense for September, $3,400 f. Budgeted cash payment for dividends in September $58.000. g. Budgeted cash payment for income taxes in September, $10.600 h. Budgeted cash payment for loan interest in September, $1100 1:20:03 sod PTO COMPANY Cash Budget September Beginning cash balance Total cash available september 1100 PTO COMPANY Cash Budget September Beginning cash balance Total cash available Total cash payments Ending cash balance