Example: Cash Budget InformationQ$1=500$;Q$2=600$; Q$3=650$; Q$4=800$; Q$1$ next year $=550>$ Accounts receivableBeginning receivables $=$$$250$Average collection period $=30$ days$>$ Accounts payablePurchases $=50\%$ of next quarter's salesBeginning payables $=125$Accounts payable period is $45$ days$>$ Other expensesWages, taxes, and other expense are $30\%$ of salesInterest and dividend payments are $$50$A major capital expenditure of $$200$ is expected in the second quarter