• Create a detailed cash flow projection for XYZ Corporation for the next quarter based on the following information:

  Month	Cash Inflows ($)	Cash Outflows ($)
  January	$50,000	$40,000
  February	$60,000	$45,000
  March	$55,000	$50,000

  Requirements:

  • Prepare monthly cash flow projections for the next quarter.
  • Include categories such as operating expenses, capital expenditures, and financing activities.
  • Present the projections in a detailed table format.
  • Discuss potential cash flow challenges and strategies for mitigating them.