5.25 thank you!

Historically, Dakota has paid for 40% of her purchases in the quarter of purchase and 60% In tic following purchase. On December 31 of this year Dakota had a $250,000 accounts payable balance. Required Prepare Dakota's cash payments budget for the coming year. 5.25 (LO 4) Preparing a cash payments budget Maria Bockman, Bates & Hill Fabricators' accounts payable manager, has just received the company's direct materials purchases budget for the first quarter (see Exercise 5.15). The company makes all of its direct materials purchases on account. Maria's recent review of the company's payment history revealed that the company pays for 25% of its direct materials purchases in the month of purchase and 75% in the month following purchase. The company expects to have an accounts payable balance of $18,000 on January 1, and this amount represents the remaining payables from December's direct materials purchases. Required Prepare Bates & Hill's cash payments budget for the first quarter. 5.26 (LO 4) Determining required financing Will Benjamin has been working on Heston Paints' cash budget for the coming year. Based on his projections for March, the beginning cash balance will be $45,700, cash collections will be $650,000, and cash disbursements will be $684,000. Heston Paints many has a 12% open line of credit with its