Q$3$a: Based on Figure $3$ information produce a cash flow forecast for Amna's business.

Q$3$b: Identify those months where there may be a financial issue. For each month, analyse the issue and make recommendation$($s$)$ to solve these.

Figure $3$

Complete a cash flow forecast for January to June from the following information for Amna's business:

A business starts with $13,000$ in the bank.

It will take out a loan of $11,000$ in March.

It will pay back the loan at $900$ per month beginning in April.

It will sublet its premises and receive $7,000$ in January and in April.

In March it will sell a van for $5000$ and buy a new one costing $10,000.$

Its overheads will be $9,000$ from January to March and then increase to $12,000$ per month.

It will pay $6,000$ per month in wages.

In April it will pay a tax bill of $9,000.$

Its sales and purchases are as follows:

Jan Feb March April May June

$,,,,,$

Sales $,500067006000,640070007000$

Purchases $500023003200240055004400$