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A B C D S&P Enterprises needs a cash budget for March. The following information is available. begin{tabular}{|lr|} hline Total budgeted selling & administrative expenses

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A B C D S\&P Enterprises needs a cash budget for March. The following information is available. \begin{tabular}{|lr|} \hline Total budgeted selling \& administrative expenses in March (including depreciation) & $12,500 \\ \hline Budgeted depreciation in March (included in total selling and admin exp) & $3,200 \\ \hline \end{tabular} Other budgeted cash disbursements in March Equipment purchases Dividends to be paid Minimum cash balance to be maintained March 1 cash balance March 1 outstanding borrowings March 1 interest due The company has a line of credit available to bolster the cash balance as needed. Cick the schedules and Cash Budget tab to prepare the following: 1. Schedule of expected cath collections for March 2. Schedule af expected cash disbursements for inventory purchares for March 3. Cash budget for March. Indicate in the financing section any borrowing that will be beeded in March. Assume that any interest will not be paid until the following month

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