Assume the following data for Animal Transport Comoanv: (Click the icon to view budget information.) Requirement Prepare a cash budget for April for Animal Transport. (Round your answers to the nearest whole dollar.) Begin the cash budget by calculating the total cash available, then total disbursements, and finally the effects Assumptions - Animal Transport (AT) does not make any sales on credit. AT sells only to the public and accepts cash and credit cards. Of its sales, 70% are to customers using credit cards, for which AT gets the cash right avray, less a 2% transaction fee - Purchases of materials are on account. AT pays for half the purchases in the period of the purchase and the other half in the following period. At the end of March. AT owes suppliers 58.000. - AT plans to replace a machine in April at a net cash cost of $13,400. - Labour, other production costs, and nonproduction costs are paid in cash in the month incurred except of course, depreciation, which is not a cash flow. For April, 523,000 of the production cost and 510,500 of the nonproduction cost is depreciation. - AT currently has a 52,200 loan at an annual interest rate of 6%. The interest is paid at the end of each month. If AT has more than $10,000 cash at the end of April, it will pay back the loan AT owes 55,100 in income taxes that need to be remitted in April. AT has cash of $6,600 on hand at the end of March. Budget information Assume the following data for Animal Transport Comoanv: (Click the icon to view budget information.) Requirement Prepare a cash budget for April for Animal Transport. (Round your answers to the nearest whole dollar.) Begin the cash budget by calculating the total cash available, then total disbursements, and finally the effects Assumptions - Animal Transport (AT) does not make any sales on credit. AT sells only to the public and accepts cash and credit cards. Of its sales, 70% are to customers using credit cards, for which AT gets the cash right avray, less a 2% transaction fee - Purchases of materials are on account. AT pays for half the purchases in the period of the purchase and the other half in the following period. At the end of March. AT owes suppliers 58.000. - AT plans to replace a machine in April at a net cash cost of $13,400. - Labour, other production costs, and nonproduction costs are paid in cash in the month incurred except of course, depreciation, which is not a cash flow. For April, 523,000 of the production cost and 510,500 of the nonproduction cost is depreciation. - AT currently has a 52,200 loan at an annual interest rate of 6%. The interest is paid at the end of each month. If AT has more than $10,000 cash at the end of April, it will pay back the loan AT owes 55,100 in income taxes that need to be remitted in April. AT has cash of $6,600 on hand at the end of March. Budget information