On January 2 (as a New Year's resolution), Emma starts work on a cash flow projection for the next 12 months. She starts by putting the $5,000 she has in her business bank account in the "Cash at Start of Month" column for January. In her "Cash Coming In" section, she includes her cash sales and her credit sales on separate lines. Cash sales are $7500 for the first six months and $8500 for the remaining of the year. Credit sales are $2000 for the first six months and $3000 for the remaining six months. Emma is also expecting a $200 stimulus check every other month from the government starting in February_ In the "Cash Going Out section, Emme includes her variable and fixed costs. These include monthly payments for inventory ($4500), rent ($1500), wages ($3000), ads 1$200), accounting ($130), and other miscellaneous expenses ($600 in March, $80 in June, $400 in September, and $200 in December. She puts the $1200 annual insurance premium she's about to pay in the January column rather than spreading it over 12 months. Finally, she adds two-monthly bills for utilities ($200) and telephone calls ($60). 1) balance at the beginning of December? 2) balance at the end of December? 3) if the starting balance in January is 0$, then the ending balance in December is? 4) if Emma wants to buy a new machinery in August, how much should she spent to have an ending balance of 7,000.00$ in August? 5) if Emma didn't have to pay rent, what would be her balance at the end of December?