John Smith, the CEO, has asked you to prepare some projected financial budgets for the 2017/2018 financial year as a preliminary overview of the financial year ahead. He asked you to first prepare a 12 months budget and then break it up over the four quarters. The areas he is particularly interested in seeing is: 1. Forecasted sales budget for 2017/2018 by year and quarter. (Statement of Financial Performance Aka Prot 6': Loss report) 2. Forecasted Statement of Financial Position Aka Balance Sheet for Year 2017/2018 3. A cash ow budget The cash flow result per quarter of the GST after adjusting the GST collected by the allowable GST tax credits. (GST Paid) 4. The anticipated aged debtor g summary report - yearly and at the end of each quarter