At the beginning of the school year, Craig Kovar decided to prepare a cash budget for the months of September, October, November, and December. The budget must plar 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: a. Prepare a cash budget for September, October, November, and December. Use the minus sign to indicate cash outfiaws, a decrease in cash or cash payments. b. Are the four monthily budgets that are presented prepared as static budgets or fiexible budgets? c. What are the budget implications for Craig Kovar? Craig can see that his present pian sufficient cash. If Craig did not budget but went ahead with the original plan, he would be s at the end of December, with no time left to adjust