PrimeTime Sportswear is a custom imprinter that began operations six months ago, Sales have exceeded management's most optmistic projections. Sales are made on acceunt and collected as follows: 508 in the morth aftee the sale is made and 45% in the second month after sale. Merchandise purchases and operating axpenses are paid as follows: Primetime Sportswear's income statement budget for each of the next four months, newly revised to reflect the success of the firm, follows: Cash on hand August 31 is estimated to be $40,000. Collections of August 31 accounts recelvable were estimated to be $20,000 in September and $15,000 in October. Payments of August 31 accounts payable and accrued expenses in September were estimated to be $24,000. Required: -1. Prepare a cash budget for October and November. (Beginning cash should be indicated with a minus sign if it is a negative amount.) 4.2. What are the prospects for this company if its saics growth continues at a simitar rate? prospects are not good