ABC Company is considering whether to open a new distribution center. The center would open January 1, 2015. To make the decision, the planning committee requires a master budget for the centers first quarter of operation (January, February, and March of 2015).

Required

You are to construct the first quarter master budget based on the following expectations:

a) Sales Budget, Schedule of Cash Receipts, Pro Forma Data b) S&A Expense Budget, Schedule of Cash Payments for S&A

c) Cash Budget, Pro Forma Cash Flow Data