• Prepare a cash flow forecast for LMN Corporation for the next quarter. Utilize the following data:

  Month	Cash Inflows ($)	Cash Outflows ($)
  January	$50,000	$40,000
  February	$60,000	$45,000
  March	$55,000	$50,000

  Requirements:

  • Forecast cash inflows and outflows for each month.
  • Present the forecast in a detailed table format.
  • Discuss potential cash flow challenges and strategies for managing them.