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Data table Requirements 1. Prepare the sales budget for April. 2. Prepare the inventory, purchases, and cost of goods sold budget for April. 3. Prepare the selling and administrative expense budget for April. 4. Prepare the schedule of cash receipts from customers for April. 5. Prepare the schedule of cash payments for selling and administrative expenses for April. 6. Prepare the cash budget for April. Assume the company does not use short-term financing to maintain a minimum cash balance. 7. Prepare the budgeted income statement for April. 8. Prepare the budgeted balance sheet at April 30, 2024. a. April dividends of $5,500 were declared and paid. b. April capital expenditures of $16,800 budgeted for cash purchase of equipment. c. April depreciation expense, $200. d. Cost of goods sold, 55% of sales. e. Desired ending inventory for April is $24,800. f. April selling and administrative expenses include salaries of $30,000,30% of which will be paid in cash and the remainder paid next month. g. Additional April selling and administrative expenses also include miscellaneous expenses of 5% of sales, all paid in April. h. April budgeted sales, $85,000,60% collected in April and 40% in May. i. April cash payments of March 31 liabilities incurred for March purchases of inventory, $8,000. j. April purchases of inventory, $21,150 for cash and $37,800 on account. Half the credit purchases will be paid in April and half in May. \begin{tabular}{l|l} InstrumentPrintingSupplyofBaltimorehasappliedforaloan.ItsbankhasrequestedabudgetedincomestatementforApril2024andbudgetedbalancesheetat & AsInstrumentPrintingSupplyscontroller,youhaveassembledthefollowingadditionalinformation:April30,2024.TheMarch31,2024,balancesheetfollows:(Clicktheicontoviewthebalancesheet.) \\ Click the icon to view the information.) \\ Read the requirements. \end{tabular} Requirement 1. Prepare the sales budget for April. Requlrement 2. Prepare the invenhory. purchases, and cost of goods sold budget for April, Requlrement 3. Prepare the seling and administratwe expense budget for Asril. Requlrement 4, Prepare the budgeted cash receipts from oustomers for April Regulrement 5. Prepare the budgeted cash payments for seling and administrative exgenses for Agril. Pequivement 6. Prepare the cash budpel for Aort Acsime the cumvary does mut use shorthem thancing tu mainter a maimum cash fialaner foeww the tudoetest cash recoicte fon cutiomern you prupined about Fequilement 7 . Prepare the budgeted incrome scalement for Aorl Penvin the sains budom you pregarnd atove Porvin the selithe and adrinistative expense budont you progared abeve Fequiremeet \&. Prepare the budgeted balanoe sheet at Agni 30, 2edid. Feewiew the cash budoet rou propared aboer