MNP Ltd., has prepared the following sales and cash disbursement estimates tor tire period February-June of the current year. Based on previous experience, 20% of sales have been for cash. Of credit sales, 70% are collected I month after sale, and the remaining 30% are collected 2 months after the sale. The firm wishes to maintain a minimum ending balance in its cash account of $50. Balances above this amount would be invested in short-term government securities (marketable securities), whereas any deficits would be financed through short-term bank borrowing (notes payable). The beginning cash balance at April 1 is $115. Prepare a Cash budget for April, May and June How much financing, if any, at a maximum would MNP Ltd,. requires to meet its obligations during this 3-month period? Present a Extract Pro Forma Balance Sheet dated at the end of June from the information presented above. Give the size of each of the following: Cash, Notes Payable, Marketable Securities, and Accounts Receivable