Multiple cash budgets- Scenario analysis Brownstein, Inc, expects sakes of $99000 during each plus 4% of sales Brownstein of the next 3 months It will make montily purchases of $62,000 during this time. Wages and salaries are $20,000 per month receive $7,000 in cash from the sale of an asset in the third month Al expects to make a tax payment of $21,000 in the next month and a $11,000 purchase of fixed assets in the second month and to sales and purchases are for cash Beginning cash and the minimum cash balance are assumed to be a, Construct a cash budget for the next 3 months b. Brownstein is unsure of the sales levels, but all other Sigures are certain I ending cash balances that the firm can expect for each of the 1-month periods? C. Brielly disouss how the fnancial manager can use the data in parts a. and b. to plan for financing needs a. Construct a cash budget for the sext 3 months Complete the Brownstein Inc's cash budget for the 1st month below (Round to the nearest 5000) Brownstein, Inc. Cash Budget (5000 Most likely scenario Saks Sale of asset Purchases Wages and salaras Taxes 1st Month