i need answer D. please with the formulas, I had almost all of the work done but I don't know how the beginning cash balance is done.

D. In the preparation of a quarterly cash budget, the following revenue and cost information have been compiled. Month August (actual) September (actual) October (forecast) November (forecast) December (forecast Sales $3,000,000 5,000,000 1,750,000 2,000,000 2,600,000 Purchase $3,500,000 2,500,000 800,000 950,000 1,300,000 The firm collects 60 percent of sales for cash and 40 percent of its sales one month later. Interest income of $50,000 on marketable securities will be received in December. Buscar Asignacin 4 LSFP(1) Disposicin Referencias correspondencia Revisar Vista Ayuda Diseo de tabla Disposicin A A A ACEEA X ADA AaBbCcDd AaBbCcDd AaBb C AaBbcc AaBb C 1 Normal Titulo 1 Ttulo 2 Titulo 4 1 Sin espa. te Prrafo 15 Estilos The firm pays cash for 40 percent of its purchases. The firm pays for 60 percent of its purchases the following month. Salaries and wages amount to 15 percent of the preceding month's sales. Sales commissions amount to 2 percent of the preceding month's sales. Lease payments of $100,000 must be made each month. A principal and interest payment on an outstanding loan is due in December of $150,000. The firm pays dividends of $50,000 at the end of the quarter. Fixed assets costing $600,000 will be purchased in December Depreciation expense each month of S45,000. The firm has a beginning cash balance in October of $100,000 and maintains a minimum cash balance of $200,000. Prepare and evaluate a cash budget for the months of October, November, and December based on the information shown above. a $3,000,000 September (actual) October (forecast) November (forecast) December (forecast $3,500,000 5,000,000 1,750,000 2,000,000 2,600,000 2,500,000 800,000 950,000 1,300,000