At the beginning of the 2015 school year, Robert Logan decided to prepare a cash budget for the months of September, October, November and December. The budget must plan for enough cash on December 31 to pay the spring semester tuition, which is the same as the fall tuition. The following information relates to the budget:

Cash balance, September 1 (from a summer job) $6,750 Purchase season football tickets in September 200 Additional entertainment for each month 175 Pay fall semester tuition on September 3 4,300 Pay rent at the beginning of each month 400 Pay for food each month 275 Pay apartment deposit on September 2 (to be returned December 15) 550 Parttime job earnings each month (net of taxes) 1,250

a. Prepare a cash budget for September, October, November, and December b. Are the four monthly budgets that are presented prepared as static or flexible budgets? c. What are the budget implications for Robert Logan?