Alaski Co is preparing its cash budget for the three months ending September 2020. The information about the sales of its product during that period is given as follows:

• Sales amounted to 1,500 units in June, and are forecast to be 1,000 units in July, 2,000 units in August and 2,500 units in September.
• The current price of a unit is $90 although it is expected to rise by 20% at the beginning of August.
• All sales are on credit and 20% of customers pay in the month of sale, 40% pay one month after the date of sale and 35% pay two months after the date of sale with 5% amounting to irrecoverable debts.
• The purchases made for each month is 60% of the sales value and the purchases are made one month prior to sale. Suppliers provide a credit of two months .
• Fixed overheads are expected to remain at $40,000 for July which includes $2,000 of depreciation. The overheads other than depreciation are expected to increase by 6% from 1 September.
• Repairs and maintenance costs should be budgeted at an average of $1,100 per month.
• Salaries are currently $3,000 per month but are due to rise by 15% from 1 August.
• Purchase of a new machine of $60,000 should be budgeted for in August.
• The cash balance at 30 June 2020 was $6,600.

Required:

a.cash budget for Alaski Co for the three months ending September 2020.