In preparation for the quarterly cash budget, the following revenue and cost information have been compiled. Month Sales Purchases August 3000 3500 September 4500 2000 October 11000 500 November 11500 750 December 2000 1000 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 $870 on marketable securities will be received in December. Dividends income of $970 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 $650 The firm pays dividends of $230 at the end of December. the firm pays interest of $150 at the end of December. The firm intends to make a $740 cash purchase of fivad accets in November. The firm pays monthly salaries of $650 The firm pays dividends of $230 at the end of December the firm pays interest of $150 at the end of December The firm intends to make a $740 cash purchase of fixed assets in November. The firm has a beginning cash balance in October of $1278 and maintains a minimum cash balance of $2100