Javier Company developed the following data for the month of August. Cash balance, August 1st S 12,300 Cash sales in August 60,000 Credit sales for the month of: June 40,000 July 30,000 August 50,000 Purchases for the month of: July 45,000 August 40,000 Other expenses in August: Salaries 32,500 Utilities 3,300 Depreciation 10,000 70% of credit sales are collected in the month of sale, 15% in the following month, and 10% in the second month following thd sale. 25% of purchases are paid in the month of purchase and the remaining 75% in the following month. 100% of other expenses are paid in the month recorded. Required: Prepare a cash collections and cash payment schedule as well as a cash budget for the month. Total cash sales and collections on account for the month are $ A Total cash available for the month is $ A/ Payments for purchases during the month are $ Payments for other expenses during the month are $ Total cash available for the month is $ Payments for purchases during the month are $ A Payments for other expenses during the month are $ A/ The ending cash balance for the month is $ AJ