Omaha Office Supply's March $31,2024,$ balance sheet follows: More info

a$.$ Sales in April are expected to be $$220,000.$ Omaha forecasts that monthly sales will

increase $2\%$ over April sales in May. June's sales will increase by $4\%$ over April sales. July

sales will increase $20\%$ over April sales.

b$.$ Omaha maintains inventory of $$10,000$ plus $25\%$ of the cost of goods sold budgeted for the

following month. Cost of goods sold equal $50\%$ of sales revenue.

c$.$ Monthly salaries amount to $$6,000.$ Sales commissions equal $5\%$ of sales for that month.

d$.$ Other monthly expenses are as follows:

Rent: $$2,200$

Depreciation: $$300$

Insurance: $$200$

Income tax: $$1,800$

$($Click the icon to view the balance sheet.$)$

The budget committee of Omaha Office Supply has assembled the following data:

i$.($Click the icon to view the data.$)$

Data table