i have attached all the data to find the cash budget statement. please solve! thank you:)

solve cash budget

You want the company to have a minimum ending cash balance each month of $20,000. The bottles are sold to college book stores for $8.00 each. Recent actual sales and forecasted sales in units are included in the Data section of the attached spreadsheet. The large buildup in sales before and during June is due to Father's Day. Ending inventories are supposed to equal 90% of the next month's sales in units. The bottles cost the company $5.00 each. Purchases are paid for as follows: 50% in the month of purchase and the remaining 50% in the following month. All sales are on credit, with no discount, and payable within 15 days. The company has found, however, that only 25% of a month's sales are collected by month-end. An additional 50% is collected in the month following the sale, and the remaining 25% is collected in the second month following the sale. Bad debts have been negligible. The company's monthly operating expenses are included in the Data section of the attached spreadsheet and also appear below: MONTHLY OPERATING EXPENSES VARIABLE: Sales Commissions $1 per unit sold All operating expenses are paid during the month, in cash, with the exception of depreciation and insurance (note that there is Prepaid Insurance on the Balance Sheet at March 31). Land will be purchased during May for $25,000 cash. The company declares dividends of $12,000 each quarter, payable in the first month of the following quarter. The company's balance sheet at March 31 can be found in the Data section of the spreadsheet for your team. The company has an agreement with a local bank that allows the company to borrow in increments of $1,000 at the beginning of each month, up to a maximum total loan balance of $225,000. The interest rate on these loans is 12% per year. For simplicity, assume that the interest is not compounded. At the end of each quarter, the company will pay the bank all of the accumulated interest on the loan and as much of the loan principal as possible (in increments of $1,000 ), while still retaining at least $10,000 in cash. For the Three Manths Ended June 30, 2022 Sales Budget: Budgeted Sales in Units Selling price per Unit Total Sales NBCO. Schedule of Expected Cash Collections For the Three Months Ended June 30, 2022 February Sales March Sales April Sales May Sales June Sales \begin{tabular}{|rrrrrrrr|} \hline & \multicolumn{4}{c}{ Month } & & \multicolumn{2}{c|}{ Quarter } \\ \hline & \multicolumn{1}{c}{ April } & \multicolumn{2}{c}{ May } & \multicolumn{2}{c|}{ June } & & \multicolumn{1}{c|}{ Total } \\ $ & 6,000 & & & & & & \\ $ & 14,000 & $ & 7,000 & & & $ & 21,000 \\ $ & 8,750 & $ & 17,500 & $ & 8,750 & $ & 35,000 \\ & & $ & 17,000 & $ & 34,000 & $ & 51,000 \\ & & & & $ & 20,250 & $ & 20,250 \\ & & & & & & 5 & 127,250 \\ \hline \end{tabular} Merchandise Purchases Budget For the Three Months Ended June 30, 2022 Merchandise Purchases Budget For the Three Months Ended June 30, 2022 Percentage of Purchases Collected in the Month of Purchase Percentage of Purchases Collected in the Month After the Purchase NB Co. Schedule of Expected Cash Disbursements for Merchandise Purchases For the Three Months Ended June 30, 2022 43. Total Expected cash disbursements for merchandise Purchases $247,500$361,000$410,750$1,019,250 NB Co. Selling and Administrative Expense Budget** For the Three Months Ended June 30, 2022 A NB Co. Cash Budget For the Three Months Ended June 30, 2022 Cash Balance, Beginning Add cash recipts for NB Co. Sales Budget For the Three. Months Ended June. 30.2022 Budgeted Sales in Units Selling price per Unit Total Sales NB Co. Schedule of Expected Cash Collections For the Three Months Ended June 30.,2022 NB Co. Merchandise Purchases Budget For the Three Months Ended June 30, 2022 \begin{tabular}{|l|r|r|r|c|} \hline & \multicolumn{3}{|c|}{ Month } & \\ \cline { 2 - 4 } & April & May & \multicolumn{1}{|c|}{ June } & \multicolumn{1}{c}{ Total } \\ \hline Sales (Sales Budget) & 35,000 & 68,000 & 81,000 & 184,000 \\ \hline iding Merchandise Inventory & 61,200 & 72,900 & 36,000 & 170,100 \\ \hline & 96,200 & 140,900 & 117,000 & 354,100 \\ \hline Merchandise Inventory & 31,500 & 61,200 & 72,900 & 165,600 \\ \hline lases & 64,700 & 79,700 & 44,100 & 188,500 \\ \hline \end{tabular} NB Co. Merchandise Purchases Budget For the Three Months Ended June 30, 2022 Purchases Collected in the Month of Purchase Purchases Collected in the Month After the Purchase 50%50% NB Co. Schedule of Expected Cash Disbursements for Merchandise Purchases For the Three Months Ended June 30, 2022 NB Co. Selling and Administrative Expense Budget** For the Three Months Ended June 30, 2022 You want the company to have a minimum ending cash balance each month of $20,000. The bottles are sold to Wollege book stores for $8.00 each. Recent actual sales and forecasted sales in units are included in the Data section of the attached spreadsheet. The large buildup in sales before and during June is due to Father's Day. Ending inventories are supposed to equal 90% of the next month's sales in units. The bottles cost the company $5.00 each. Purchases are paid for as follows: 50% in the month of purchase and the remaining 50% in the following month. All sales are on credit, with no discount, and payable within 15 days. The company has found, however, that only 25% of a month's sales are collected by month-end. An additional 50% is collected in the month following the sale, and the remaining 25% is collected in the second month following the sale. Bad debts have been negligible. The company's monthly operating expenses are included in the Data section of the attached spreadsheet and also appear below: MONTHLY OPERATING FXPENICE All operating expenses are paid during the month, in cash, with the exception of depreciation and insurance (note that there is Prepaid Insurance on the Balance Sheet at March 31). Land will be purchased during May for $25,000 cash. The company declares dividends of $12,000 each quarter, payable in the first month of the following quarter. The company's balance sheet at March 31 can be found in the Data section of the spreadsheet for your team. The company has an agreement with a local bank that allows the company to borrow in increments of $1,000 at the beginning of each month, up to a maximum total loan balance of $225,000. The interest rate on these loans is 12%