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GroupAssignment 6 (100 points) Smith has decided to borrow trom the bank to have cash ready when needed. To have an estirn ate of how much she must bartow cre- the next three tiotithe, ahe mint prepare a cash budget All of Phama's sales are made on a cash basis, but drug porchases must be pad for dunng the following morth. Ms sirith pays lierselt a salary of $4 ano pac mecth, maintain a tasges cash batance. of $6,000. Pharma's estimated sales ate $160,000 for Decembet, 540,000 for daniary, ard $60000 tar Fetruary. Estimated druz purchases are $140,000 for November, $40,000 for Decembet, $40,000 for January, and $40,000 for February a. Prepare a cash budget for December, January, and Fabruary. Please, place all information on the athached template. Your instructar will not grade the assignment if students fali to use the attached table. Cashi Budqet femplate. Uacy Ay in checks that take three days to clear: a. What is the clinic's average net float