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Stacey's Landscaping Solutions provides services to landlords and property owners. The following data relates to the expected operations for the three months of October to

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Stacey's Landscaping Solutions provides services to landlords and property owners. The following data relates to the expected operations for the three months of October to December 2022. Additional Information: - Stacey plans to purchase new Equipment in October of $12,000 cash - The old equipment is expected to be sold in November for $4,000 - Salaries paid each month are \$8,500 - Administrative costs paid each month are $2,000 - Depreciation on equipment in October is $500 and will increase to $1,200 each month from November due to the new equipment purchased. - Stacey likes to keep a minimum cash balance of $12.000 each month - The cash balance as at 30 September 2022 was $15000. Required: Prepare a cash budget on a monthly basis for the three months ending Docember 2022

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