Cash Budget The following estimates are available for the coming period: Month Budgeted Sales (Units) July 280,000 August 350,000 September 450,000 Notes: i. Opening cash balance for the month of August is expected to be $200,000. ii. Ending inventory of finished goods equal to 20% of that months sales. iii. Budgeted selling price $700 per unit iv. Purchase price $500 per unit (purchase volume greater than 300,000 units per month will receive a 15% discount). v. Collections from customers: - 90% in the m