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Budget information Assume the following data for Animal Transport Companya. (3) (Cilck the icen to view the essumptions.) (Clek the icon to Vew busget information.)

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Budget information Assume the following data for Animal Transport Companya. (3) (Cilck the icen to view the essumptions.) (Clek the icon to Vew busget information.) Requirement Presare a cash buoget for Aptil for Arimal Transport, (Round yout answars to the nearost wtelo dollar.) Assumptions - Animal Transport (AT) does not make any sales on credit. AT sells only to the public and accepts cash and credit cards. Of its sales, 70% are to customers using credit cards, for which AT gets the cash right away, less a 4% transaction fee. - Purchases of materials are on account. AT pays for half the purchases in the period of the purchase and the other half in the following period. At the end of March, AT owes suppliers $8,200. - AT plans to replace a machine in April at a net cash cost of $13,300. - Labour, other production costs, and nonproduction costs are paid in cash in the month incurred except of course, depreciation, which is not a cash flow. For April, $19,000 of the production cost and $10,500 of the nonproduction cost is depreciation. - AT currently has a $3,400 loan at an annual interest rate of 12%. The interest is paid at the end of each month. If AT has more than $10,000 cash at the end of April, it will pay back the loan. AT owes $5,500 in income taxes that need to be remitted in April. AT has cash of $5,800 on hand at the end of March. Assumn the following data for Animal Transport Companyd (i) (Ciok the icon to view the atbumpticns.) (Cick the ioon to view budgot information.) Requirnment Preparn a cash budget for Apil for Aestral Transport (Round yout answers to the nesinst whole detiar,)

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