Prepare a "Cash Flow Budget" for the Too Bicycle Manufacturing Company. The owner will be withdrawing $ 4,500.00 per month for personal expenses. Plus, you get a $ 10,000 loan in January. It is expected to have a cash balance of 20,000 monthly Projected sales December - 70,000.00 January - 50,000.00 February - 50,000.00 March - 60,000.00 April - 50,000.00 80% of sales are on credit and will be charged; 20% at 30 days, 50% at 60 days and 30% at 90 days Cost of what is sold is 20% of monthly sales and is paid in full after thirty days Salaries represent 5% of sales . Profits represent a monthly expense of $ 3,000.00 The capital gain represents an expense of 1,500.00 dollars per year Rent is equivalent to 6,000.00 dollars per year Payment of tax of 5000.00 in April