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\begin{tabular}{|c|c|c|c|c|c|c|} \hline \end{tabular} \begin{tabular}{|c|c|c|} \hline 21 & Calculate the total expected cash collections for the month of March. ( 5 marks) \\ \hline 22 & \end{tabular} \begin{tabular}{|c|c|c|} \hline 22 \\ \hline 24 \\ \hline 25 \\ \hline 26 \\ \hline 27 \end{tabular} Total expected cash collections for March 2. What would be the budgeted value of the accounts receivable on the March 31st balance sheet (statement of financial position)? (2 marks) Accounts receivable, March 31st d) Cash dividends in the amount of $15,000 are paid in January, April, July, and October. This has been the policy for the last few years. 62 Prepare the cash budget for March and determine if there is an excess or a deficiency. The beginning cash balance for March is 520.000.(11 marks) 4. The company must maintain a minimum cash balance of $25,000 each month. Money is borrowed at the beginning of the month. There are no loans currently outstanding. Interest is paid in the following month and the rate is 6% information and the final answer for part 3, determine the amount that needs to be borrryed, not including interest, to ensure that there is at least $25,000 on hand at the end of March. If no borrowing is required, indicate this and provide an appropriate explanation why. ( 2 marks)