ASAP plz

Clif Bar & Company which produces organic foods and drinks is preparing cash budgets for the first quarter of 2021. In order to prepare the cash budget, the financial officer of the business has collected the following information. Opening cash balance (January) Food scientists' monthly salary Interest from investments (January) Interest from investment (March) Overhead cost (February) Overhead cost (April) Selling and administration cost (January) Selling and administration cost (March) Selling and administration deprecation on fixture Purchase of equipment (January) Sale of fixed assets (April) Credit collection from clients (January) Credit collection from clients (March) Cash collection from clients (February) Payment of income taxes (April) Interest payments for borrowings Trade debtors (credit sales) are collected as follows: 25% during the month of sale 45% during the first month following the month of sale 30% during the second month following the month of sale $ 60,000 70,000 45,000 30,000 15,300 18,500 12,000 10,000 7,000 3,500 44,000 75,000 100,000 55,000 1,500 1,200 o (a) Prepare the cash budget for the first quarter 2021. Note: the company has to maintain a minimum cash balance of $ 50,000 at the end of each month