Company has prepared the following schedules and additional information:

Complete a cash budget for Armand Company for January, February and March.

(Complete all answer boxes. Enter a "0" for any zero balances. Round all amounts entered into the cash budget to the nearest whole dollar. Enter a cash deficiency with a minus sign or parentheses.)

| Do Homework- Amber Detonci- Gocgle Chrome httpa./www.mathxl.com/Student/PlayerHomework.aspx?hameworkld-504149354qestionld-18flushesd-tueRicld-5233602enterwin-yes ACC 117 Principles of Managerial Accounting F18 3059 Homework: E22-28 Score: 0.05 of 3 pts %) E22-28 (sir More Info Amber Defond & 10/26/18 10:56 PM 1 of1 (1 complete) HW Score: 1.58%, 0.05 of 3 pts -x Reference Armand Campany has Click the icon to Armands heginning cash balance $4,50 and Armana desires to maintain a minimum ending cash balance of $4500. Armand boTows cash as needed at the beginning of eath mornth in increrients of $1,000 and repays the amiounts borrowed in increments ot $1cca athe beginning ot montns when exs cash is avalable. The interest rate on mounts boTowed is 13% per year Interest is paid at the beginning of the month on the outstariding balace rom the previous month E ici Total sales S 11,200$ 13,800 S 11,1 100 S 36,100 January FebruaryMarch Total from Cuatomers vable balance Direct Mat sales it sales, collection ot January sales in J it sales, collection atlanuary sales in February 8,960 Print Done 1,120 $ 1,120 11 1040 1,380 in March 4,000 3,700 7,700 Total payments for direct materials it sales, collection ot February sales in Febniary dit salks, coliection of Fobruary sales in March S 1,3BO B,000 110 Direct Labor: sales, collection of Maru eipts from customers Total payments for direct labor 3,3003,2004 10,700 sas in March 10,000 13,540 5 34,990 Manufacturing Overhead Utilities for plant Property taxes on plant Total payments for manufacturing overhead 120 1, 3,000 4,120 vable balance, March 31 3,000 sales, collection ot March sales in 1,110 3.000 560 Print Done Selling and Administrative Expenses Utiities tor ottice 240 240 Check