please complete the rest for both questions

Schedule of Cash Payments for a Service Company EastGate Physical Therapy inc. is planning its cash payments for operations for the first quarter (January-March). The Accrued Expenses Payable balacice on January 1 is $33,200. The budgeted expenses for the next three months are as follows: Other operating expenses include $4,200 of monthly depreciation expense and $900 of monthly insurance expense that was prepaid for the year on May 1 of the previous year, or the remaining expenses, 80% are pald in the month in which they are incurred, with the remainder pald in the following month. The Accrued Expenses Payable balance on January 1 relates to the expenses incurred in Decernber. At the beginning of the school year, Craig Kovar decided to prepare a cash budget for the months of September, Octaber, November, and December. The budget must plan for enough cash on December 31 to pay the spring semester tultion, which is the same as the fall tuition. The following information relates to the budget: a. Prepare a cash budget for September, October, November, and December. Use the minus sign to indicate cash outflows, a decrease in cash or cash payments. Craig Kovar Cash Budget For the Four Months Ending December 31 September October November December Estimated cash receipts from: Part-time job beposit v Total cash receipts Less estimated cash payments for: Scason football tickets Acditional entertainment tuition Rent v food v Deposit V Total cash payments Cash increase (decrease) Plus cash balance at beginning of month Cash balance at end of month b. Are the four monthly budgets that are presented prepared as static budgets or fiexible budgets? c. What are the budget implications for Craig Kovar? Craig can see that his present plan! sufficient cash. If Craig did not budget but went ahead with the original plan, he would be $ x V at the end of December, with no time left to adjust