Mooney Equipment is putting toocther its cash budget for the following year and has forecasted expected cash collections over the next five quarters (one year plus the first quarter of next year). The cash collection estimates are based on sales projections and expected collection of recelvables. The sales and cash collection estimates are shown in the following table (in millions of dollars): You also have the following information about Mooney Equipment: - You are at the end of the current year, and Q1 is the next period. - In any given period, Mooney's purchases from suppliers generally account for 74% of the expected sales in the next peniod, and wages, supplies, and taces are expected to be 15% of the next period's sales. - In the third quarter, Mooney expects to expand one of its plants, which will require an additional $1,074 million investment. - Every quarter, Mooney pays $60 million in interest and dividend payments to long-term debt and equity investors. - Mooney prefers to keep a minimum target cash balance of at least $15 million at all times. Uaing this information, complete the folliwing table by making necessary ailculations. (Note: Aound intermediate calculations to the nearest whole dollar.) True or false: The incrame statement and the cach budoet are nxactly the same. The only difference is that the income statenent is prepared semiannualfy, whereas the cash budoet is prepared daily or monthily