Each autumn. As a hobby. Anne Magnetron waves cotton place mass to sell through a local craft shop, The must for $20 per set of four the shop charge a 10% commission and remits the net product to Magnuson at the end of December. Magnuson has woven and sold 25 sets each year for the pan two year She has enough cotton in inventory to make another 25 sets. She paid $7 per set for the cotton. Magnuson uses a four-harness loom that the purchased for each exactly two year ago. It in depreciated at the rate of $10 pet month. The Account payable balance relates to the cotton inventory and a payable by September 30. prepare a cash budget for the four months ending December 31.201b. for two alternative weaving the place in cotton using the exiting loom and weaving the place in linen using the new loom. For each alternative, prepare a budgeted income statement for the four month ending December 31.2016. and a budgeted balance sheet at December 31.2016. On the beats of financial consideration only, what should Magnuson do? Clive your reason. What nonfinancial factors might Magnuson consider in her decision