Becah's Boutique is a retail store carrying a wide selection of designer clothing. Becah's Boutique balance sheet for March 31, 2021, is as follows: The following information is also included a Sales are 70% cash and 30% on account b. The balance in the Accounts Recelvable account is the sales on account from last quarter c. Budgeted sales for this quarter are, $52,000 in Aprit, $79,000 in May and $61,000 in June August sales are projected to be $71,000 d. Beginning Merchandise inventory is on the Balance Sheet. Budgeted Cost or Goods averages 50% of sales. Cost of Goods Sot The following information is also included: a. Sales are 70% cash and 30% on account. b. The balance in the Accounts Receivable account is the sales on account from last quarter. c. Budgeted sales for this quarter are: $52,000 in April, $79,000 in May and $61,000 in June. August sales are projected to be $71,000. d. Beginning Merchandise inventory is on the Balance Sheet. Budgeted Cost of Goods Sold averages 60% of sales. e. Budgeted Ending Merchandise Inventory is equal to $22,000 plus 70% of the next months Cost of Goods Sold. 1. The monthly payroll for salaries is $2,600 plus commissions equal to 20% of sales. g. Other monthly costs include: $1,900 per month for rent, $500 for depreciation, $210 for Insurance Expense (from expiration of Prepaid Insurance), and 4% of sales for Miscellaneous Expense. Complete the following budgets for the second quarter. Becah's Boutique Inventory, Purchases, 8 Cost of Goods Sold Budget For the Quarter Ended June 30, 2021 Becah's Boutique Selling and Administration Budget For the Quarter Ended June 30, 2021