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Can someone help with this question please read all of it. Cash budget-Basic Grenoble Enterprises had sales of $50,200 in March and $59,900 in April

Can someone help with this question please read all of it.

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Cash budget-Basic Grenoble Enterprises had sales of $50,200 in March and $59,900 in April Forecast sales for May, June, and July are $69,500, $80,300, and $99,900, respectively. The firm has a cash balance of $4,900 on May 1 and wishes to maintain a minimum cash balance of $4,900. Given the following data, prepare and interpret a cash budget for the months of May. June, and July. (1) The firm makes 16% of sales for cash, 61% are collected in the next month, and the remaining 23% are collected in the second month following sale (2) The firm receives other income of $2,000 per month (3) The firmi's actual or expected purchases, all made for cash, are $50,000, $70.500, and $80.300 for the months of May through July, respectively (4) Rent is $3,000 per month. (5) Wages and salaries are 10% of the previous month's sales. (6) Cash dividends of $3,500 wil be paid in June. (7) Payment of principal and interest of $4,200 is due in June (8) A cash purchase of equipment costing $6,500 is scheduled in July. (9) Taxes of $5.900 are due in June. Cash sales 8.032 9.584 $ 11,1ZU Lag 1 month 36,539 Lag 2 months 11,546 Other income 2.000 Total cash receipts 61 205 Round to the nearest dollar Please input all the values in the table before checking your answers.) March April May Disbursements Purchases Rent Wages and salanes Dividends Principal and interest Purchase of new equipment Taxes due Total cash disbursements

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