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Bramble Corporation has provided the following budget data for the third quarter of operations: Sales are made 30% cash and 70% on credit of which

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Bramble Corporation has provided the following budget data for the third quarter of operations: Sales are made 30% cash and 70% on credit of which 40% are collected in the month of sale. 35% in the month following sale, 20% in the second month following sale. The remainder is uncollectible. Sales for February and March were $204,000 and $212,000, respectively while purchases were $196,000 and $200,000, respectively. Purchases are paid one month following purchase. In addition, Bramble recorded $5,300 depreciation expense per month and paid dividends of $53,000 in June. The company's opening Cash balance on March 31 was $31,800 and it must maintain a minimum closing cash balance of $31,800 each month. The compary can only borrow in increments of a thousand dollars at the end of each period. Prepare the company cash budget for the quarter. (Enter negative amounts using elther a negative sign preceding the number esg- 45 or parentheses eg. (45).) Bramble Corporation has provided the following budget data for the third quarter of operations: Sales are made 30% cash and 70% on credit of which 40% are collected in the month of sale, 35% in the month following sale, 20% in the second month following sale. The remainder is uncollectible. Sales for February and March were $204,000 and $212,000, respectively while purchases were $196,000 and $200,000, respectively. Purchases are paid one mont following purchase. In addition, Bramble recorded $5,300 depreciation expense per month and paid dividends of $53,000 in June. The company's opening Cash balance on March 31 was $31,800 and it must maintain a minimum closing cash balance of $31,800 each month. The company can only borrow in increments of a thousand dollars at the end of each period. Prepare the company cash budget for the quarter. (Enter negative amounts using elther a negative sign preceding the number eg - 45 or parentheses e.g. (45).)

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