Mandato 17.00 PRag question from the following information, prepare a Budgeted Statement of Cash Flows for the month of August Balance Sheet as at 31 July Assets Liabilities Cash at Bank 30000 Accrued advertising 3000 Accounts receivable 8500 Accounts payable 9000 Inventory 18000loan 30000 42000 Owner's Equity Furniture 20000 Less Accum. Dep 7000 13000 Capital 27500 $69,500 559.500 Additional Information Credit sales are expected to be $88,000 (including GST).Cash sa es for the month of August are expected to be $57.000 plus 55.700 GST), A accounts recevable from Juny are expected to pay in August 30% of purchases are made on credit in August toto purchases are expected to be $24,000 (plus GST $2,400). All accounts payable from Jury will be paid in August . Depreciation expense will be 55.000 in August Wages of $15,000 wm be paid in August, along with the $3.000 advertising owing from the month of July Second-hand furniture be purchased in the last week of August. The equipment is expected to cost $10,000 na GTL A 154 deposit was on June and the balance be paid in August The business row an additional 520 000 in August The owner is expected to Withoraw 58,000 cash in August 2 B1 Budgeted Statement of Cash Flows for the month of August Cash flows front operating activities