Normal Samt et... TRN 1 Titre 2 Titre Sourire od ABC Inc. provides the following Information to prepare the cash budget for the first three months of 2018. Prepare the cash budget for the last three months of 2018 1- Total sales in Novembre and Decembrs were $ 180,000, respectively and $ 195,000. 2- the company anticipates the following monthly sales - 01/2018: $ 180,000 02/2018:$ 165,000 -03/2018: 140,000 3 - The distribution of the cashing of sales is done as follows. - 30% are paid in eash. 35% the following month 35% two months after the sale 4- The monthly purchases represent 75% of these total sales of the month, 25% are paid cash and 75% in the month following the month in which the goods are purchased. 5- The wages representing 12% of the sales of the month. 6-The monthly rent payable at the beginning of each month is S 10000. 7-The amortization amounts to $ 2500 a month. 8-Other operating expenses represent 9% of sales. 9-The company plans to acquire in December a new machine in the amount of $ 23000 10- The company will have to pay the S 6300 tax in December, 11- The interest payable on the debt will amount to $ 5000 November. 12. Other cash outflows amount to $ 8500 13- The company expects to receive a dividend of S 15000 from one of its subsidiaries in December. 14-On 01/01/2018 cash is $ 20,000. per month