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Ra Company has the formed the month of Cain, May 31 52. So Divide paid in GOLO Cahyard for operating 3X400 pient de precipue 22 Patent marition experime 1.000 Chcollection sales in 56.250 Merchandise purchases and in 41.100 Dument for cash in 3.750 Sales con 15.20 Ra Company to keep uw balance of 5.000 Asume that conceber of the mouth and the h Monthly topdi cash at the end of each me welded and went writings of St.000 Required: Pempre cash budget for lane Kazan Company has the following information during the month of June 2020 Cash Balance May 31 $22,500 Dividend paid in June 6,000 Cash tid for operating expenses in June 18.400 Equipment depreciation expense Jone 2,250 Patent mortation expense in June 1.000 Cash collections on sales in June 56.250 Merchandise purchases paid in June 43,100 Purchase equipment for cash in June 8.750 Sales commission (50% paid in June) 15,250 Raran Company wants to keep a minimum cash balance of $5,000. Assume that borrowing us at the beginning of the month and repayments cut the end of the month Monthly interest of 1% 1 paid in cash at the end of each month when debts and Borrowing and repayments are carried out multiples of 51.000 Required: Prepare a cash budget for June