Schedule of Expected Collections from CustomersJulyAugustCredit salesJuneJulyAugustTotal collections$$56,00078,000$$$134,000$$$52\mathrm{.}00060\mathrm{.}000112,000$Schedule of Expected Payments for Purchases of InventoryJulyInventory purchasesJuneJulyAugustTotal paymentsAugust$$150,000110,0000260,000$$$110,00050,500$$$160,500.($b$)$Prepare a cash budget for the months of July and August. $($Do not leave any answer field blank. Enter $0$ for amounts$)$