Prepare Cash Budget from Budgeted Transactions

$3.$ Budgeted cash disbursements for salaries and operating expenses for May total $$165,000.$

$4.$ During May, $$25,000$ of principal repayment and $$4,000$ of interest payment are due to the bank.

$5.$ A $$20,000$ income tax deposit is due to the federal government during May.

$6.$ A new delivery truck will be purchased during May for $$6,000$ cash and an $$8,000$ note payable. Depreciation for May will be $$500.$

Prepare a cash budget for Campton Company for the month of May.

$\backslash$table$[[\backslash$table$[[$Campton Company$],[$Cash Budget$],[$For the Month Ended May $31]]],[$Beginning cash balance,$$],[$Cash receipts:,$],[$Cash sales,$],[$Collections on credit sales,$$],[$Cash available,$$],[$Cash disbursements:,$],[$Payments for merchandise,$],[$Salaries and operating expense payments,$],[$Principal and interest payment,$],[$Income tax deposit,$$],[$Payment on truck,$$],[$Total cash disbursements,$],[$Ending cash balance,$]]$