Cash budget Basic Grenoble Entrymes had sairs of 550 400 m March and $50,800 in Apri Forecast sales for Mes June, and July are $70,200 500 500 and 500 000, respectively The fem has a cash balance of 50.300 on May 1 and wi mantan a minemam cash balance of $5,300 Given the towing des prepan and interpret a cash budget for the months of May, June, and July (1) The Don makes 15% of sales or canh, 63% we collected in the next month, and the remaining 22% are colleck The firm receives other income of $2,000 per second meth following se The 's actual or expected purchases, at made for cash, we $50,200 500 500 and $79,800 for the months of May through July, respectively (4) Rent $2,700 per month (7) Wages and stones are 0% of the previous month's sales Cash dividends of $3,500 will be paid in June Payment of onncipal and interest of $4,400 s due in June, A cash purchase of equipment costing $6300 is schedded in July (Taxes of 50 000 wie dae in June Compete the Sest month of the cash budget for Grenoble Enterprises below plound to the nearest dular Please put all the vases in the table before checking your w Cash sales La month Lag 2 Ofer cone Total can March April May $ 50.400 50,000 $ 70,208 1,500 5705 $ S