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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

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:
\table[[,April,May,June,July],[Sales,$600,000,$900,000,$500,000,$400,000
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