October Mo Tu We Th Fr Sa Su November December Mo Tu We Th Fr Sa Su Mo Tu We Th Fr Sa Su 1 2 3 1 2 3 4 5 6 7 1 2 3 4 5 4 5 6 7 8 9 10 8 9 10 11 12 13 14 6 7 8 9 10 11 12 11 12 13 14 15 16 17 18 19 20 21 22 23 24 15 16 17 18 19 20 21 22 23 24 25 26 27 28 13 14 15 16 17 18 19 20 21 22 23 24 25 26 25 26 27 28 29 30 31 29 30 27 28 29 30 31 2. Further development of a webpage and the online ordering system will cost $25,000, paid in November. 3. A new delivery van costing $39,000 will be purchased in November (paid in cash). 4. Updated Staff training (Working COVID Safe and using the online ordering system) in October will cost $12,000. 5. The business is currently paying $5,000 per month on rent. 6. The Merchant fee paid to the bank is normally $250 per month. 7. At the beginning of October an order $15,000 is placed for flowers that will be received throughout the entire quarter (October to December). The terms of the order is that the payment of $15,000 is made at the end of November. 8. Sutea wants to maintain a minimum cash balance of $12,000 every month. Sutea must meet the business's cash requirements on a monthly basis, and she needs to find a suitable funding source. Projected Revenue Sales revenue October November December $60,000 $80,000 $60,000 Items of Expenditure It is projected that the following expenditures will be made in October, November and December: 1. Fortnightly salaries for each of the employees are: Harry - $1,500 | Oscar - $1,500 Mel - $1,000 and; Josh - $700. Note: the first payment date is the 6th October 2021.