Garden Sales, Incorporated, usually has to borrow money during the second quarter to support peak sales of lawn care equipment during May. It gathered the following information to prepare a cash budget for the quarter:

a$.$ Budgeted monthly absorption costing income statements for April$-$July are:

$\backslash$table$[[$Sales$,$April,May,June,July$],[$Cost of goods sold,$$660,000,$$$830,000,$$$540,000,$$$440,000$