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O pts ABC is preparing a cash budget for 2021, 2022, and 2023. It expects to collect cash of $2,530 million, $2,800 million, and $3,280

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O pts ABC is preparing a cash budget for 2021, 2022, and 2023. It expects to collect cash of $2,530 million, $2,800 million, and $3,280 million for 2021 2022 and 2023. respectively. It also expects to disburse cash of $2,765 million, $2.890 million, and $3.100 million for 2021. 2022 and 2023, respectively. ABC has cash of $200 million at the end of 2020 and desires a cash balance no less than $200 million for all years. 1. Prepare a cash budget for ABC that covers 2021 2022 and 2023. 2. Be sure to use if statement when determining current borrowing, 3. Determine cumulative borrowing and the line of credit needed for 2021 to 2023 cash budget 4. Use Scenario Manager to show if cash collection for each year is 15% more and 15% less than the amounts estimated above. Examine how line of credit needed will be affected

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