Prepare a master budget for the three$-$month period ending June $30.$ Include the following detailed schedules:$1.$ a$.$ a sales budget, by month anc in total.o$.$ a schedule of expected cash collections, by month and in tota.c$.$ A merchandise purchases budget in units and in dollars. Show the budget by month and in total.c$.$ A schedule of expected cash disbursements for merchandise purchases, by month and in total$\mathrm{.}2.$ A cash budget. Show the budget by month and in total. Determine any borrowing that would be needed to maintain the minimumCaS$/1$ Dianco:O$3.$ A budgeted income statement for the three$-$month period ending June $30.$ Use the contribution approach$\mathrm{.}4.$ A budgeted balance sheet as ot June $30.$