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Requirment 2. Complete the Purchase Eudeet for April- June and the quarter in total valing the applicable anumptiona above. 4 You will prepare a static master budget, budgeted financial statements and a flexible budget/variance analysis for Karry No Key, inc, which will sell karaoke machines. 5. Assumption: You plan to form Kary No Key on Aprill 1 and expect the followine: 1. Invest in exchange for sock 2. Purchase delinery truck with cahh with $0 salvage value and easected wneful life in years 3. Sales ingrase per moeth Colectian in month af sole Collections of retnainder in following month of ule 4. Desired ending imentory (Q of next moeth's expected sales Payments in monthof purchase Payments of remainder in followire month of purchase 5. Other operatinc expenwos per month to be paid in month incurred \begin{tabular}{|rr|} \hline 5 & 100,000 \\ \hline 5 & 60,000 \\ \hline 10 \\ \hline 206 \\ \hline & 2516 \\ \hline & 20% \\ \hline & 103 \\ \hline & 900 \\ \hline \end{tabular} Mequirement 11 Complete the Sales Budget and Cath Collections for April - June and the quarter in totel uaing applicable ausumptions above. 21. Cash Collections 24 Merilesiles Aprill May June Total 1st Quartet Requirment 2. Complete the Purchase Eudeet for April- June and the quarter in total valing the applicable anumptiona above. 4 You will prepare a static master budget, budgeted financial statements and a flexible budget/variance analysis for Karry No Key, inc, which will sell karaoke machines. 5. Assumption: You plan to form Kary No Key on Aprill 1 and expect the followine: 1. Invest in exchange for sock 2. Purchase delinery truck with cahh with $0 salvage value and easected wneful life in years 3. Sales ingrase per moeth Colectian in month af sole Collections of retnainder in following month of ule 4. Desired ending imentory (Q of next moeth's expected sales Payments in monthof purchase Payments of remainder in followire month of purchase 5. Other operatinc expenwos per month to be paid in month incurred \begin{tabular}{|rr|} \hline 5 & 100,000 \\ \hline 5 & 60,000 \\ \hline 10 \\ \hline 206 \\ \hline & 2516 \\ \hline & 20% \\ \hline & 103 \\ \hline & 900 \\ \hline \end{tabular} Mequirement 11 Complete the Sales Budget and Cath Collections for April - June and the quarter in totel uaing applicable ausumptions above. 21. Cash Collections 24 Merilesiles Aprill May June Total 1st Quartet