Personal Budget At the beginning of the school year, Katherine Malloy decided to prepare a cash budget for the months of September, October, November, and December. The budget must plan for enough cash on December 31 to pay the spring semester tuition, which is the same as the fall tuition. The following information relates to the budget: Cash balance, September 1 (from a summer job) $5,750 Purchase season football tickets in September 210 Additional entertainment for each month 275 Pay fall semester tuition in September 3,700 Pay rent at the beginning of each month 600 Pay for food each month 235 Pay apartment deposit on September 2 (to be returned December 15) 500 Part-time job earnings each month (net of taxes) 1,400 Question Content Area a. Prepare a cash budget for September, October, November, and December. Enter all amounts as positive values except an overall cash decrease which should be indicated with a minus sign. Katherine Malloy Cash Budget For the Four Months Ending December 31 September October November December Estimated cash receipts from: Part-time job $fill in the blank bc1455049018fcb_1 $fill in the blank bc1455049018fcb_2 $fill in the blank bc1455049018fcb_3 $fill in the blank bc1455049018fcb_4 Deposit fill in the blank bc1455049018fcb_5 Total cash receipts $fill in the blank bc1455049018fcb_6 $fill in the blank bc1455049018fcb_7 $fill in the blank bc1455049018fcb_8 $fill in the blank bc1455049018fcb_9 Estimated cash payments for: Season football tickets $fill in the blank bc1455049018fcb_10 Additional entertainment fill in the blank bc1455049018fcb_11 $fill in the blank bc1455049018fcb_12 $fill in the blank bc1455049018fcb_13 $fill in the blank bc1455049018fcb_14 Tuition fill in the blank bc1455049018fcb_15 Rent fill in the blank bc1455049018fcb_16 fill in the blank bc1455049018fcb_17 fill in the blank bc1455049018fcb_18 fill in the blank bc1455049018fcb_19 Food fill in the blank bc1455049018fcb_20 fill in the blank bc1455049018fcb_21 fill in the blank bc1455049018fcb_22 fill in the blank bc1455049018fcb_23 Deposit fill in the blank bc1455049018fcb_24 Total cash payments $fill in the blank bc1455049018fcb_25 $fill in the blank bc1455049018fcb_26 $fill in the blank bc1455049018fcb_27 $fill in the blank bc1455049018fcb_28 Cash increase (decrease) $fill in the blank bc1455049018fcb_29 $fill in the blank bc1455049018fcb_30 $fill in the blank bc1455049018fcb_31 $fill in the blank bc1455049018fcb_32 Cash balance at beginning of month fill in the blank bc1455049018fcb_33 fill in the blank bc1455049018fcb_34 fill in the blank bc1455049018fcb_35 fill in the blank bc1455049018fcb_36 Cash balance at end of month $fill in the blank bc1455049018fcb_37 $fill in the blank bc1455049018fcb_38 $fill in the blank bc1455049018fcb_39 $fill in the blank bc1455049018fcb_40 Question Content Area b. Are the four monthly budgets that are presented prepared as static budgets or flexible budgets? c. Malloy can see that her present plan sufficient cash. If Malloy did not budget but went ahead with the original plan, she would be $fill in the blank 95b9cdfb2f95fa8_3 at the end of December, with no time left to adjust.