OxygenMart is a retail store selling home oxygen equipment. OxygenMart also services home oxygen equipment, for which the company bills customers monthly OxygenMart has budgeted for increases in service revenue of $100 each month due to a recent advertising campaign. The forecast of sales and service revenue for March-June 2021 is as follows: (Click the icon to view the forecast of sales and service revenue.) Read the requirements (Click the icon to view the collection information.) Requirement 1. Calculate the cash that OxygenMart expects to collect in May and in June 2021. Show calculations for each month. Start by showing the cash collections of sales revenue, then complete the schedule by entering in the service revenue collections and the total cash collections for each month. (Complete all input fields. If there were no collections of revenue for a certain month, select "0%" in the "Collection % column and enter a "0" in the appropriate May or June column.) Gross Expected Revenue Collection % April May June Sales revenue: April sales revenue collected in Apr May sales revenue collected in May June sales revenue collected in June Service revenue: March service revenue collected in Apr March service revenue collected in May March service revenue collected in June April service revenue collected in Apr April service revenue collected in May April service revenue collected in June May service revenue collected in May May service revenue collected in June June service revenue collected in June Total collections X x = Requirement 2a. OxygenMart has budgeted expenditures for May of $13,000 and requires a minimum cash balance of $270 at the end of each month. It has a cash balance on May 1 of $650. Given your answer to requirement 1, will OxygenMart need to borrow cash to cover its payments for May and maintain a minimum cash balanc of $270 at the end of May? The total cash available for May be able to cover its payments for May and the budgeted expenditures for the month; therefore, Oxygen Mart maintain a minimum cash balance of $270 at the end of May. Requirement 2b. Assume (independently for each situation) that (1) May total revenues might be 10% lower or that (2) total costs might be 5% higher. Under each c those two scenarios, show the total net cash for May and the amount OxygenMart would have to borrow to cover its cash payments for May and maintain a minimum ca balance of $270 at the end of May. (Again, assume a balance of $650 on May 1.) First calculate the cash excess or deficiency for May using the original numbers and under each scenario presented. On the next line, enter the amount of borrowing required. (Enter all amounts to the nearest cent. Enter a cash deficiency with a minus sign or parentheses. Complete all input fields. Enter a "0" if no borrowing is required.)