Bombs Away Video Games Corporation has forecasted the following monthly sales: January $ 96,000 July $ 41,000 February 89,000 August 41,000 March 21,000 September 51,000 April 21,000 October 81,000 May 16,000 November 101,000 June 31.000 December 119,000 Total annual sales = $708,000 Bombs Away Video Games sells the popular Strafe and Capture video game. It sells for $5 per unit and costs $2 per unit to produce. A level production policy is followed. Each month's production is equal to annual sales (in units) divided by 12. Of each month's sales, 20 percent are for cash and 80 percent are on account. All accounts receivable are collected in the month after the sale is made. Answer is not complete. Bombs Away Video Games Corporation Cash Budget January February March 5,000 $ 39,600 $ 69,600 34,600 30,000 10,800 39,600 $ 69,600 $ 80,400 $ $ $ April 80,400 (43,600) 36,800 $ $ $ May 36,800 (44,600) (7,800) 12,800 5,000 12,800 Beginning cash Net cash flow Cumulative cash balance Monthly loan or (repayment) Ending cash balance Cumulative loan balance $ June 5,000 (45,600) (40,600) 45,600 5,000 58,400 $ 39,600 $ 69,600 $ 80,400 $ 36,800 $ $ $ Bombs Away Video Games Corporation has forecasted the following monthly sales: January $ 96,000 July $ 41,000 February 89,000 August 41,000 March 21,000 September 51,000 April 21,000 October 81,000 May 16,000 November 101,000 June 31.000 December 119,000 Total annual sales = $708,000 Bombs Away Video Games sells the popular Strafe and Capture video game. It sells for $5 per unit and costs $2 per unit to produce. A level production policy is followed. Each month's production is equal to annual sales (in units) divided by 12. Of each month's sales, 20 percent are for cash and 80 percent are on account. All accounts receivable are collected in the month after the sale is made. Answer is not complete. Bombs Away Video Games Corporation Cash Budget January February March 5,000 $ 39,600 $ 69,600 34,600 30,000 10,800 39,600 $ 69,600 $ 80,400 $ $ $ April 80,400 (43,600) 36,800 $ $ $ May 36,800 (44,600) (7,800) 12,800 5,000 12,800 Beginning cash Net cash flow Cumulative cash balance Monthly loan or (repayment) Ending cash balance Cumulative loan balance $ June 5,000 (45,600) (40,600) 45,600 5,000 58,400 $ 39,600 $ 69,600 $ 80,400 $ 36,800 $ $ $