Cash Budget The reconds of x corporation shows the following infoematice concerning the sub for the c 13 13 Cash collection (IN 7.200,100 00.500 73,009 55,000 wages (ou Required Rm in 56,000 R n 725,000 RAw An 12.000 713.090 cost (out 1-Estimated beginning cash balance for the coming period 2013s $ 312.00 2-Factory machine depreciation was estimated to be 15,000 5 per quarter,factory insurance is $4,000y month, salaries of production supervisors $56,000/month, factory rent $24,000 per 4 months, display rent $30,000 per half year, selling equipment depreciation $14000V 2 months, display insurance $8000/month administration equipment depreciation 30,000/ 2months 3-Aland lot costing 200.000 wil be sold. SO% wil be colected nQ1/13, 40% wll be collected next quarter and the rest in the quarter after. 4A production ine costing 520,000 will be added, 200,000 will be pain Q2/13, 20% wd be nav13 and the rest in the quarter ater 5-A cash distribution of 1% of sales revenue will be pad to engloyees on each quarter 6-An extra cash distribution will paid to employees amonted 2% of the total cash collection when it exceeds $ 7,000,000 7- Used machines amounted to $132,000 will be sold in Q2/13 used automobile amounted $128,000 will be sold in 04/13 8-A warehouse extension will be made within the coming period costing 3438,000 218,000 will be paid in Q1/13, $73,000 will be paid in Q2/13 and the rest in the quarter Required: Prepare the cash budget for the coning period 2013