(35 points) The Hokone & Hokone Shop has forecasted its purchases and sales for the last 5 months of 2022 as in the following table. 40% of sales are on credit. On the basis of past experience, 70% of the accounts receivable are collected the month after the sale and the remainder are collected 2 months after the sale. Purchases are paid 30 days after they are incurred. The firm had a cash balance of $5,000 and loan balance of 6,500 as of the end of September, and its minimum required cash balance is $4,500. Prepare a cash budget for October, November and December. August September October November December Purchases 17,1001 19,700 29,300 20,400 24,5001 Sales Cash sales 25,200 15,300 25,400 30,500 26,600