i need a cash budget

thank you so much you have no idea how much i need this

1 The December 31, 20XX, balance sheet for the company follows . DYB-ASPORA, Inoorporated Balance Sheet December 31, 20xx Assets Lisbilities and Stockholder Euity Ca sh Accounts Receivable Raw Materials Inventory Finished Goods Inventory Prepaid Insuranoe Building Acc Depreciation Total Asseta $5,080 26,50O 2000 3,680 1,300 Notes Pa yable Acoounts Payable Dividends Payable Total Liabilities Common Stock Paid-in Capital Retained Earninga $25,0oo 2,148 10000 37.148 100,000 50,000 300,00O 280 312 $317480 (20.000 80,000 Total Liabilities and Equity The Accounts Receivable balance at December 31st represents the remaining balances of November and December credit sales: $70,000 and $65,000, respectively 2. 3. Estimated sales in gallons of dye for January through May follow 8.000 I 0,000 15,000 12,000 11,000 January February March April May Each gallon of dye sells for $12.75. 4 The collection pattern for accounts recervable is as follows . 70% in the month of sale, 20% the month after sale, and 1090 the second month after sale. Dye-Aspora expects no bad debts and gives no cash discounts 5. Each gallon of dye has the following standard quantities and costs for direct materials and direct labor Costrate Std Cost Quantity $2.40 $3.00 2.00 1.20 Gal 0.36 Hr $13.00 Mordant (DM) Dire ot labor Some evaporation loss occurs during processing. Variable overhead (VOH) is applied basis machine-hours. The processing of 1 gallon of dye takes 5 MH. The variable overhead rate is SO 06 per MH VOH is entirely of utility costs FOH is applied per gallon based on an expected annual capacity of 120,000 gallons F G Fixed overhead is incurred evenly throughout the year. Fixed overhead per year is composed of the following costs: Salaries Utilities Insurance-factory Depreciation-factory $78,000 12,000 2,400 27,600 There is no beginning work in process inventory. All work in process is completed in the period in which it is started. Raw materials inventory at the beginning of the year consists of 1,000 gallons of Mordant. There are 400 gallons of dye in finished goods inventory at the beginning of the year carried at standard cost. 6. Accounts Payable relates solely to raw material and is paid 60 percent in the month of purchase and 40 percent in the month after purchase. No discounts are given for prompt payment. 7. 8. The dividend will be paid in January 9. A new piece of equipment costing $9,000 will be purchased on March 1. Payment of 80 percent will be made in March and 20 percent in April. The equipment has a useful life of three years and will have no salvage value. principal of the note is repaid as cash is available to do so. borrowings are made in $100 increments. Investments are expected to earn 9% per year. This is not true at the beginning of January due to a miscalculation in sales for December 10. The note payable has a 6% interest rate; interest is paid at the end of each month. The 11. Dye-Aspora's management has set a minimum cash balance at $5.000, Investments and 12. The ending finished goods inventory should include 15 percent of the next month's needs. The ending inventory of raw materials also should be 25 percent of the next month's needs. 13. Monthly selling and administrative costs are paid in cash. Per month costs are as follows: $18,000 800 7,000 Salaries Utilities Office Rent