Fi1 1 lash budget: Basic Farmers Delight Corporation reported sales of $350,003 in june, $330,0 33 in July, and $393,303 in August. The forecasts for September, October, and November are $335,330, $413,000, and $429,003, respectively. The initial cash balance on September 1 is $153,000, and a minimum of $3,000 should be kept. Use the given information to compile a cash budget for the months of September, October, and November. {1} Farmers Delight predicts that 5 '33s of its sales will never be collected, 30% of its sales will be cash sales, and the remaining 65 3'3 will be collected in the following month. {2} Partners Delight receives other monthly income of $3,003. {3} The actual or expected purchases are $153,300, $120,000, and $115,300 for the months of September to November, respectively, and 50% are paid in cash while the remainder is paid in the following month. The purchases for August were $123,333. {4} Monthly rent is 133,5 00 chargeable only in October and November. {5} Wages and salaries are 11% of the previous month's sales. {6} Cash dividends of 54,633 are declared and will be paid in September. {7'} Longterm loan repayment of principal and interest of $4,?00 is due in October. {3} Additional equipment costing 53,5 33 is ordered and scheduled to be paid for in cash in November. {9} Taxes of 53,253 are due in November