helps plz! :))$ will upvote

The controller of Bndgeport Housewares Inc, instructs you to prepare in monthly cash budget for the next three months. You are presented with the following budgec informetion: The compary expects to sell about 10% of its merchandise for cash. Or sales on account, 70% are expected to be coliected in the month following the sale and the remainder the following month (second month foliowing sale). Depreciation, insurance, and property tax expense represent $7,000 of the estimated monthly manufacturing costs. The onnual insurance premium is paid in January, and the annual property taxi are paid in December, of the remainder of the manufacturing costs, 80% are expected to be paid in the month in which they are incurred and to balance in the following month. Current assets as of September 1 include cash of $48,000, marketable securities of $69,000, and accounts recelvable of $141,600 ( $30,600 fro July sales and $111,000 from August sales). Sales on account for July and August were $102,000 and $111,000, fespectively. Current liabilities as of September 1 include $7,000 of accounts payable incurred in August for manufacturing costs. All selling and administrative expenses are paid in cash in the period they are incurred. An estimated income tax payment of $19,000 will be made in October. Bridgeport's regutar quarte dividend of $7,000 is expected to be declared in October and paid in November, Management desires to maintain a minimum cash balance of $47,000. 1. Prepare a monthly cash budget and supporting schedules for September, October, and November, Assume 360 days per year for interest calculations. 2. On the basis of the cash budget prepared in part (1), what recommendation should be made to the controlfer? The budget indicates that the minimum cash bulance be maintained in November, This situation can be corrected by ond/or by the of the marketable securities, if they are held for such purposes. At the end of September and October, the cash baiance will the minimum desired balance