Collection from customers are normally 70% in the month of sale, 20% in the month following the sale and 9% in the secod month following the sale. The balance is expected to be uncollectible. All purchases are on account. Managements takes full advantage of the 2$ discount allowed on purchases paid for the 10th of the following monyh. Purchases for august are budgeted at 60,000 and sales for august are forecasted at 66,000. Cash disbursements for expenses are expected to be 14,000 for the moth of august. The company cash balance on august 1 was 22,000. Prepare the following schedules: a. Expected cash collections during august. b. Expected cash disburements during august. c. Expected cash balance on august 31.