JB Materials $Co.$ Is a distributor that sells binders, paper and other school supplies. The company is planning its cash needs for the third quarter. In the past, JB has had to borrow money during the third quarter to support peak sales of back$-$to$-$school materials, which occur during August. The following information has been assembled to assist in preparing a cash budget for the quarter:

a$.$ Budgeted monthly absorption costing income statements for July to October are as follows:

$\backslash$table$[[,$July,August,September,October$],[$Sales$,$$$48,000,$$$78,000,$$$58,000,$$$53,000$