Here are some important figures from the budget of Crenshaw, Inc. for the second quarter of 2019. (picture below) The company predicts that 5 percent of its credit sales will never be collected, 35 percent of its sales will be collected in the month of the sale, and the reamaining 60 percent will be collected in the following month. credit purchases will be paid in the month following the purchase. In March 2019, credit sales were $561,000. using the information, compelete the following cash busget: (picture below)

ulating the Cash Budget Here are some important figures from the budge the second quarter of 2019. June April May $689,000 $598,000 $751,000 Credit sales 302,000 282,000 338,000 Credit purchases Cash disbursements Wages, taxes, and expenses 137,000 129,000 179,000 Interest 15,600 15,600 15,600 Equipment purchases 53,500 6,600 248,000 company predicts that 5 percent of its credit sales will never be collected, 35 percent c ed in the month of the sale, and the remaining 60 percent will be collected in the followi will be paid in the month following the purchase 72F 4. 0+ 19 F3 54 R 5 T 6 17 & 8 F9 ( 9 LP 6 F10 WEEKEN ) Essentials /books/9781260394719/epubcfi/6/78[%3Bvnd.vst.idref%3Dchapter 16]1/4/26/16/8/64/ current vs long April May June Beginning cash balance Cash receipts Cash collections from credit sales Total cash available Cash disbursements Purchases Wages, taxes, and expenses Interest Equipment purchases Ending cash balance FS % march P FT dr R 5 Total cash disbursements 6 & 18 7 * 8 $182,000 289,000 @ PP 9 8 72"F ) 0 F12