Heidi Pedersen $-$ Cash Budgeting

Heidi Pedersen, the Treasurer for Wood Products, Inc. has just been asked by Justin Wood, the company's president, to prepare a memo detailing the company's ending cash balance for the next $3$ months. Below, you will see the relevant estimates for this period.

Credit sales collections:

$\backslash$table$[[$Collected in month of sale:,$40\%$