Bullt$-$Tight is preparing its master budget. Budgeted sales and cash paymente follow:

Sales to customers are $20\%$ cash and $80\%$ on credit. Soles in June were $$56,250.$ All credit sales are collected in the month following the sale. The June $30$ balance sheet includes bainces of $$15,000$ in carh and $$5,000$ in loans payoble. A minimum cash balance of $$15,000$ is required. Loans are obtained ot the end of any month when the preliminary cach balance is below $$15,000.$ Interest is $1\%$ per month based on the beginning$-$of the$-$month loan balance and is paid at each monthend. Any preliminary cash balance obove $$15,000$ s used to repay loans at month$-$end. Expenses are paid in the month incurred and conslst of soles commissions $(108$s of soles$),$ office ssiarles $($$$4,000$ per month$),$ and rent $($$$6,500$ per month$).$

$2.$ Prepare a cash budget for the monthe of July, Auguet, and September

Note: Enter your final answers in whole dollars.

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