annual property taxes are paid in December. Or the remainder of the manufacturing costs, 80% are expected to be paid in the month in which they are incurred and the balance in the following month. Required: 1. Prepare a monthly cash budget and supporting schedules for September, October, and November. Assume 360 days per year for interest calculations. Bridgeport Housewares Inc. \begin{tabular}{l} Fonsback \\ \hline V Chock My Work \end{tabular} The primary source of estimated cash receipts is from cash sales and collections on account. To estimate cash receipts from cash sales and collections on account, a schedule of collections from sales is prepared