\begin{tabular}{|c|c|c|c|c|c|c|c|c|c|} \hline & May & June & July & & ALgust & September & October & November & December \\ \hline Credit sales & $1,045 & $1,078 & $1,100 & & $1,111 & $1,133 & $1,155 & $1,188 & $1,210 \\ \hline \multirow[t]{2}{*}{ Credit purchases } & & 605 & & & 623 & 635 & 653 & 666 & \\ \hline & & & July & & August & September & October & November & December \\ \hline \multicolumn{10}{|l|}{ Cash receipts } \\ \hline \begin{tabular}{l} Collections from this month's \\ sales \end{tabular} & & & & & 163 & 167 & 170 & 175 & 178 \\ \hline \begin{tabular}{l} Collections from previous \\ month's sales \end{tabular} & & & & & 825 & 833 & 850 & 865 & 891 \\ \hline \begin{tabular}{l} Collections from sales two \\ months previously \end{tabular} & . & & & & 100 & 110 & 111 & 113 & 116 \\ \hline Total cash receipts & & & 80 & & $1,096 & $1,110 & $1,131 & $1,154 & $1,185 \\ \hline \multicolumn{10}{|l|}{ Cash disbursements } \\ \hline Payments for credit purchases & & & 605 & & 611 & 623 & & 653 & 666 \\ \hline Wages and salaries & & & 187 & & 189 & 193 & & 202 & 206 \\ \hline Rent & & & 44 & & 44 & 44 & & 44 & 44 \\ \hline & & & 55 & & 56 & 52 & x & 50 & 51 \\ \hline \end{tabular} Jse the information provided in the budget to complete the following sentences. Wallace Company will be able to invest in short-term marketable securities in some months and will need to borrow to cover cash requirements in thers. In the last six months of the year, Wallace will to end the year with a cash of $ and a cash of $ - Wallace Company will want a credit line of at least $ to cover the month with the greatest shortfall, and the financial managers can tell the bank to expect that they will be able to invest up to $ in short-term marketable securities