a. Beginning cash balance, September 1,$48,000. b. Budgeted cash'receipts from September sales, $262,000. c. Direct materials are purchased on credit. Purchase amounts are August (actual), $78,000; and September (budgeted), $109,000. 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 labor in September, $32,000. e. Budgeted depreciation expense for September, $3,800. f. Budgeted cash payment for dividends in September, $58,000. g. Budgeted cash payment for income taxes in September, $10,200. h. Budgeted cash payment for loan interest in September, $1,700