Expectations: - Cash sales represent 20% of total sales - All sales on account are collected in the following month - 65% of March's 5100,000 worth of capltal expenditures is to be paid at the end of March. The remainder is to be paid in the following month. Aprit's capital expenditure will be paid in May. - Monthly amortization represents 15% of general and administration costs - Inventory costs and general and administration costs are to be paid in the month in which they are incurred - Dividends of $7,000 are expected to be dedared in March and paid in April - lessica inc obtains the minimum financing needed to ensure at least a 56,000 cash balance at the end of the month through a note payable Assume that any amount taken out of the bank loan may be repaid only at year end. Do not enter dollar signs or commas in the input boxes. Use the negative sign for any rash deficit Receipts: Cash from sales \$ 126000 Collection from customers 211000 Total cash available 5 Disbursements Inventory costs General and admin costs 5 Capital Expenditures 5 Dividend Payment Total Cash Payments 5 Cash Excess (Deficit) Financing Requirements: Notes Payable Loan Repayment Ending Cash Balance 5 check