Question 6 [09.30. p.432} 9.30 Garden Sculptures presents the following data relating to the expected operations for the months of Januagg to March 2016. Januarg Februagg March Credit services provided $ 8 000 $12 000 $12 400 Receipts from accounts receivable 20 000 30 000 5 000 Cash services 1 950 2 250 3 300 Cash received from the sale of old 2 000 equipment 8 500 B 500 B 500 Salaries and wages paid 500 500 500 Depreciation on equipment 2 600 3 500 2 800 Payment for supplies 20 000 Cash purchase of new equipment 2 000 2 000 2 000 Administration costs 1 900 2 150 1 890 Credit purchase of supplies Required: a. Prepare a cash budget on a monthlyr basis for the three months ending March 2016. The cash balance at 31 December 2015 was $25 000