Multiple cash budgets-Scenario analysis brownsten, Inc, expect sales of $103.000 during each of the next 3 months it will make moothly purchases of $55,000 doring this time Wages and salaries are $17,000 per month plus 4% of sales Brownsten expects to make a tax payment of $22.000 in the next month and a $12,000 purchase of fxed assets in the second month and to receive $5000 in cash from the sale of an asset in the third month All sales and purchases are for cash Beginning cash and the minimum cash balance se assumed to be eno a. Construct a cash budget for the next 3 months b. browse mure of the sales levers, but all other figures are certain it the most pessic sales fore is $75,000 per month and the most cost is $124,000 per month, what are the nonym and maximum ending cash balances that the tim can expect for each of the 1 month periods? e. Briefly discuss how the feancal manager can use the data in ports a and b. to plan for financing needs Construct a cash budget for the next 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 Sales 1st Month Sale of asset Purchases Wages and salaries Taxes Purchase of fixed asset $ Net cash flow Add Beginning cash 5 $ Ending cash