Please show what to put and how to formulate the cash budget! the math doesn't matter $I\text{'}m$ just confused $asto$ know what $is$ supposed $tobe$ inputed $on$ the left. Thanks! Windsor Instruments, a rapidly expanding electronic parts distributor, is formulating its plans for $2022.$ John Johnson, the firm's

director of marketing, has completed his $2022$ forecast and is confident that the company will meet or exceed sales estimates. The

following sales figures show the growth that is expected and are the basis for planning in the other corporate departments:

Michael Williams, assistant controller, is responsible for the cash flow projection, a critical element during a period of rapid expansion.

She will use the following information in preparing her cash analysis:

Windsor has experienced an excellent record in accounts receivable collection and expects this trend to continue. The

company collects $50\%$ of billings in the month after the sale and $50\%$ in the second month after the sale. Uncollectible

accounts are nominal and can be ignored in the analysis.

The purchase of electronic parts is Windsor's largest expenditure; the cost of these items is equal to $60\%$ of sales. Windsor

receives $40\%$ of the parts one month before it sells them and $60\%$ during the month of sale.

Historically, Windsor has cleared $60\%$ of the accounts payable one month after it receives its purchases, and the remaining

$40\%$ two months after.

Hourly wages, including fringe benefits, depend on the sales volume; they are equal to $20\%$ of the current month's sales. The

company pays these wages in the month incurred.Historically, Windsor has cleared $60\%$ of the accounts payable one month after it receives its purchases, and the remaining

$40\%$ two months after.

Hourly wages, including fringe benefits, depend on the sales volume; they are equal to $20\%$ of the current month's sales. The

company pays these wages in the month incurred.

General and administrative expenses are projected to be $$2,805,000$ for $2022.$ The composition of these expenses is given

below. The company incurs all of these expenses uniformly throughout the year, except for property taxes. It pays the

property taxes in four equal instalments in the last month of each quarter:

Windsor makes income tax payments in the first month of each quarter based on income for the prior quarter. The tax rate is

$30\%.$ The net income for the first quarter of $2022$ is projected to be $$765,000.$

Windsor has a corporate policy of maintaining an end$-$of$-$month cash balance of $$204,000.$ It invests or borrows cash monthly,

as necessary, to maintain this balance.

Windsor uses a calendar$-$year reporting period.Question $11$ of $12$

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$8.$ Windsor uses a calendar$-$year reporting period.

Prepare a schedule of Cash Receipts and Disbursements for Windsor Instruments, by month, for the second quarter of $2022.$ Be sure that all receipts, disbursements, borrowing, and investing amounts are presented on a monthly basis. Ignore the interest expense and income from borrowing and investing. $($Round answers to $0$ decimal places, e$.$g$.125.)$