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Siattery Corner Shoppe is a local comprience store with the following inlormation: (Click the icon to view the information.) Read the requitements. Requirement 1. Prepare

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Siattery Corner Shoppe is a local comprience store with the following inlormation: (Click the icon to view the information.) Read the requitements. Requirement 1. Prepare the sales budget for November and December. Data table - October salos were $200.000 - Sales are projected to go up by 12% in November (trom the October sales) and another 20% in December (tron the Novenber sales) and than retum to the October level in January. - 25% of sales ace made in cash, while the remairing 75% are paid by ceedt ce debit. cards. The credt card companies and banks (debit cerd issuers) charge a 5% transaction foe, and deposit the net arrount (sales price less the transaction fee) in the stone's bank account daly. - Seatiery Comer Shoppers gross peoft is 40% of is sales reverue. - For the next soveral months, the store wants to maintain an ending merchandise inventory equal to $11,000+28% d the nent monetris cost of poods seid. The Septenber 30 inventory was $5.,500 - Expected monthy opecating expensos incivde. - Wages of store workers ane $8,600 per month - Vacies oxpense or \$1,600 in November and \$1,700 in Decamber - Proporty tax expense of $2,400 per month - Property and llabity insurance expense of $1,000 per monan - Depreciation expense or $9,000 per morth - Transaction fees, as stated above, are 5% of crooit and debit cavd tales

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