In preparation for the quarterly cash budget, the following revenue and cost information have been compiled.

Month	Sales	Purchases
August	1700	4400
September	1900	3500
October	1400	1600
November	1200	880
December	1400	440

Prepare:

1- A Schedule of Projected Cash Receipts for the months of October, November, and December.

2- A Schedule of Projected Cash Disbursements for the months of October, November, and December.

3- A Cash Budget for the months of October, November, and December.

The firm collects 20 percent of sales for cash, and collects 50 percent of its sales one month later, and collects the remaining 30 percent two months after sales.

Interest income of $330 on marketable securities will be received in December.

Dividends income of $268 on marketable securities will be received in December.

The firm pays cash for 10 percent of its purchases, and pays 30 percent the following month, and the remaining 60 percent two months after purchase.

The firm pays monthly salaries of $1340

The firm pays dividends of $1390 at the end of December.

the firm pays interest of $200 at the end of December.

The firm intends to make a $1440 cash purchase of fixed assets in November.

The firm has a beginning cash balance in October of $1256 and maintains a minimum cash balance of $7000.