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Required: 1. Prepare the Cash Budget with supporting schedules for cash collections and cash disbursements for the FIRST QUARTER ONLY. 19 pts 2. Do

Required: 1. Prepare the Cash Budget with supporting schedules for cash collections and cash disbursements for the FIRST QUARTER ONLY. 19 pts 2. Do you recommend the equipment purchase? Write an email to the president of the company with your recommendations. 5 pts. 3. Calculate the 12/31/21 ending balance of Accounts Receivable and Accounts Payable. 4 pts

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