mwmmbwma 11 12 13 14 15 16 17 18 A B C D E F G Blueline Printing's board of directors was presented with the following information about' operations for an upcoming three-month period. The board desires to declare a dividend at the end of June, but still maintain cash on hand of $250, 000. Blueline began April with $75, 000 of cash on hand. Prepare a cash budget, and determine how much cash will be available for the dividend. Is there any apparent risk associated with the dividend plan? Customer receipts $ 700, 000 $ 750, 000 $ 800, 000 Cash paid for direct material 200, 000 222, 000 255, 000 Cash paid for direct labor 245, 000 255, 000 300, 000 Factory overhead* 140, 000 145, 000 154, 000 56%\" 86, 000 89, 000 83, 000 Taxes 15, 000 18, 000 16, 000 Equipment purchasem 500, 000 =1: Includes monthly depreciation of $100. 000 ink Includes monthly depreciation of $25, 000 Mar Equipment purchase to he paid for in July Problem Worksheet + 1 2 April May June 3 Beginning cash balance $ 75, 000 4 Customer receipts T'00, 5 Available cash w '1 6 Less disbursements: 7 B 9 10 1 1 12 it 13 14 Ending cash balance it 15 16 17 18 *3 Eat Problem Worksheet + D Question 1 2 pts What is the ending cash balance in April? D Question 2 2 pts What is the ending cash balance in May? D Question 3 2 pts What is the ending cash balance in June