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Please help answered required questions 1-5 using the information provided PROBLEM 9-27 Completing a Master Budget [L09-2, LO9-4, LO9-7, LO9-8, LO9-9, LO9-10] The following data

Please help answered required questions 1-5 using the information provided
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PROBLEM 9-27 Completing a Master Budget [L09-2, LO9-4, LO9-7, LO9-8, LO9-9, LO9-10] The following data relate to the operations of Shilow Company, a wholesale distributor of con- sumer goods: Current assets as of March 31: Cash Accounts recelvable. . $8,000 $20,000 $36,000 $120,000 $21,750 $150,000 $12,250 . Inventory. Accounts payable Capital stock... Retained earnings .. . . . The gross margin is 25% of sales. Actual and budgeted sales data: a. b. March (actual) $50 April May June. July $60,000 $72.000 $90,000 $48,000

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