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Required information [The following information applies to the questions displayed below.] The following trial balance was drawn from the records of Havel Company as of October 1, year 2. Supply the missing information in the following pro forma income statement and balance sheet for the fourth quarter of year 2 . The tatements are prepared as of December 31, year 2 . Cash payments for sales commissions and utilities are made in the month following the one in which the expense is incurred. Supp and other operating expenses are paid in cash in the month in which they are incurred. Complete this question by entering your answers in the tabs below. Based on the following information, prepare a sales budget and a schedule of cash receipts for October, November, and December. Sales for October are expected to be $180,000, consisting of $40,000 in cash and $140,000 on credit. The company expects sales to increase at the rate of 10 percent per month. All accounts receivable are collected in the month following the sale. Supply the missing information in the following pro forma balance sheet for the fourth quarter of year 2 . The statement is prepared as of December 31 , year 2. (Amounts to be deducted should be indicated by a minus sign.) Required information [The following information applies to the questions displayed below.] The following trial balance was drawn from the records of Havel Company as of October 1 , year 2 . Indicate whether Havel will need to borrow money during October by preparing October's Cash Budget. (Negative amounts should e indicated by a minus sign.) Answer is complete but not entirely correct