Assignment Use the information in Exhibits 1-3 to prepare a master budget for the first quarter of the year (January-March). Exhibit 1 presents information regarding sales price, production costs, and operating costs. Exhibit 2 contains information regarding your sales projections, expected collection patterns, purchasing and payment patterns for the first four months of the year. Exhibit 3 presents information regarding your plans for capital contributions, equipment purchases, loans, minimum cash balance. It also contains your Grandma's cookie recipe. Required Complete the Connect assignment Master Budget Project by preparing the following components of Sweetums Inc.'s master budget: 1.) Sales budget 2.) Cash collections budget 3.) Direct materials purchases budgets (5) 4.) Cash disbursements for materials budget 5.) Manufacturing overhead budget 6.) Operating expenses budget 7.) Cash budget