Cleary Foods produces specialty soup sold in jars. The projected sales in dollars and jars for each quarter of the upcoming year are as follows: Cleary anticipates selling 222,000 jars with total sales revenue of $269,000 in the first quarter of the year following the year given in the table to the left. Cleary has a policy that the ending inventory of jars must be 25% of the following quarter's sales. Prepare a production budget for the year that shows the number of jars to be produced each quarter and for the year in total. Prepare the production budget by first calculating the total units needed, then calculate the units to produce. $589,000. Prepare a cash budget for August. How much cash, if any, will Howard need to borrow by the end of August? Complete the cash budget below. (Use parentheses or a minus sign for negative ending cash balances or deficiencies.) Howard Manufacturing Cash Budget For the Month Ended August 31 Beginning cash balance Cash collections from customers Cash available before financing Total cash payments Ending cash balance before financing Minimum cash balance desired Cash excess (deficiency)