6 Use the following information to prepare the September cash budget for Pro Company. Ignore the loan activity" section of the budget a. Beginning cash balance, September 1, $46,000. b. Budgeted cash receipts from September sales. $264.000 c. Direct materials are purchased on credit Purchase amounts are August (actua). $76,000; and September (budgeted), 5106,000 Payments for direct materials follow 65% in the month of purchase and 35% in the first month after purchase d. Budgeted cash payments for direct tabor in September, $30.000, e. Budgeted depreciation expense for September. $4.000. f. Budgeted cash payment for dividends in September $50,000 9. Budgeted cash payment for income taxes in September, $10.900 h. Budgeted cash payment for loan interest in September, $1,800 port PTO COMPANY Cash Budget September Beginning cash balance Add: Cash receipts from a Total cash available Gash payments for Direct materials Duct labor Dividende Income taxes Interest on loan Total cash payments Preliminary cash balance