Assume the following data for Pet Transport Company: (Click the icon to view the assumptions.) (Click the icon to view budget information.) Requirement Prepare a cash budget for April for Pet Transport. (Round your answers to the nearest whole dollar.) Lasil vuuget April 30 Cash balance, April 1 $5,360 Add receipts Cash sales 15,500 Crdit card sales Total cash available for needs 15,500135,315$156,175 Deduct cash disbursements Interest on loan 240 Direct materials Machinery purchase Direct manufacturing fabour Sales commissions Budget information \begin{tabular}{|c|c|c|c|c|c|} \hline \multicolumn{6}{|c|}{ For the Month of April } \\ \hline & Units & & rice & & venues \\ \hline Cat-allac & 500 & $ & 160 & $ & 80,000 \\ \hline Dog-eriffic & 300 & & 250 & & 75,000 \\ \hline Total & & & & $ & 155,000 \\ \hline \end{tabular} Direct Manufacturing Labour Costs Budget For the Month of April \begin{tabular}{|c|c|c|} \hline \multicolumn{3}{|c|}{ For the Month of April } \\ \hline Machine setup costs & $ & 7,225 \\ \hline Processing costs & & 51,650 \\ \hline Inspection costs & & 390 \\ \hline Total & $ & 59.265 \\ \hline \end{tabular} Nonmanufacturing Costs Budget \begin{tabular}{|c|c|c|} \hline \multicolumn{3}{|c|}{ For the Month of April } \\ \hline Salaries & \$ & 18.900 \\ \hline Other fixed costs & & 18.000 \\ \hline Sales commissions & & 1.550 \\ \hline Total nonmanufacturing costs & S & 38,450 \\ \hline \end{tabular} - Pet Transport (PT) does not make any sales on credit. PT sells only to the public and accepts cash and credit cards. Of its sales, 90% are to customers using credit cards, for which PT gets the cash right away, less a 3% transaction fee. - Purchases of materials are on account. PT pays for half the purchases in the period of the purchase and the other half in the following period. At the end of March, PT owes suppliers $8,500. - PT plans to replace a machine in April at a net cash cost of $13,700. - 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, $20,000 of the production cost and $10,000 of the nonproduction cost is depreciation. - PT currently has a $2,000 loan at an annual interest rate of 12%. The interest is paid at the end of each month. If PT has more than $10,000 cash at the end of April, it will pay back the loan. PT owes $5,000 in income taxes that need to be remitted in April. PT has cash of $5,360 on hand at the end of March. Budget information