ash Budget 4. SiBee Corp. manufactures and sells honey. Sales are made by both cash (including checks and credit cards) and credit (Accounts Receivables). Sales made on account will generally be collected in the current month or the following month. Materials purchases are made on account (Accounts Payable) and are generally paid in the current month or the following month. In September 2022 SiBee had Sales Revenue of $165,000. 20\% of this was paid in cash in September, the remaining 80% was on account. Of the Accounts Receivables, 45% was collected in September and the remaining 35% is expected to be collected in October. In September 2022 SiBee also purchased $82,000 worth of direct materials on account (Accounts Payable); 30% was paid in cash in September and the remaining amount is anticipated to be paid in October. In October, SiBee had Sales Revenue of $188,500 with 20% paid in cash and 80% paid by Accounts Receivables ( 45% to be collected in October and 35% collected in November). SiBee also incurred the following expenses in October: a. Create a Cash Receipts Budget for SiBee for October 2022. b. Create a Cash Disbursements Budget for SiBee for October 2022. c. Use your answers to (a) and (b) above to complete the following Cash Budget. If SiBee requires a minimum cash balance of $120,000 will the company have enough? Will it need to borrow additional funds or can it repay outstanding loans