Graham Potato Company has projected sales of $ in September, $ in October, $ in November, and $ in December. Of the company\'s sales, percent are paid for by cash and percent are sold on credit. Experience shows that percent of accounts receivable are paid in the month after the sale, while the remaining percent are paid two months after. Determine collections for November and December.

Also assume Grahams cash payments for November and December are $ and $ respectively. The beginning cash balance in November is $ which is the desired minimum balance.

Prepare a cash receipts schedule for November and December.

Prepare a cash budget with borrowing needed or repayments for November and December.

Note: Negative amounts should be indicated by a minus sign. Assume the November beginning loan balance is $ Leave no cells blank be certain to enter wherever required.