Rebel is a sporting goods store and is about to commence business. They provide the following information:

$1.$ Rebel deposits $$70,000$ in the business bank account.

$2.$ Rebel signs a lease for a building for $$3,000$ per month payable quarterly in advance.

$3.$ Rebel buys a delivery vehicle for $$30,000,$ being $$10,000$ in Cash and $$20,000$ on a $5\%$ interest only loan.

Interest is paid monthly at the end of each month.

$4.$ Rebel purchases $$60,000$ inventory on account and they repaid the month following.

$5.$ Rebel sells the inventory at cost plus $60\%.$ All inventory is sold each month for cash.

$6.$ Rebel pays wages in arrears on the first of every month. Wages average $$10,000$ per month.

$7.$ Other operationg expenses amount to $$5,000$ and are paid in the following month.

Using the above information prepare the following for the first six months:

A$.$ Prepare budgeted income statements for the first six months

B$.$ Prepare budgeted balance sheets for the first six months

C$.$ Prepare cash budgets for the first six months