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:

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$\backslash$table$[[,$April,May,June,July$],[$Sales$,$$$550,000,$$$750,000,$$$450,000,$$$350,000[[$Sales$,$April,May,June,July$],[$Cost of goods sold,$$660,000,$$$830,000,$$$540,000,$$$440,000$