I need help with the Cash Budget please

Maintains a 16% open line of credit for $75,000

Maintains a minimum cash balance of $20,000

Borrows on the first day of the month and repays loans on the last day of the month

Will pay a $10,000 cash dividend in July

Will purchase $1437,000 of equipment in August and $26,600 in September

July 1 cash balance is $40,000

Cash Collections are:

July $170,000

August $400,000

September $335,000

Cash Disbursements:
	July	August	September
Materials	18,000	19,500	17,700
Direct Labor	8,000	9,200	8,500
MOH	24,000	27,000	25,000
Selling and Admin	18,000	19,300	18,850