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TASK 1 (25 marks) With the aid of a computer, use the following information to prepare a simple budget for period ending August 2023. Business

image text in transcribed TASK 1 (25 marks) With the aid of a computer, use the following information to prepare a simple budget for period ending August 2023. Business Name: Spatula Pastries - Production of cakes-200@\\$1000.00 in June. You will double this amount in August to cater for Independence celebrations. - You expect to receive \\( \\$ 100,000.00 \\& \\$ 235,000.00 \\) grant at the end of June and July respectively. - Your monthly expenses are as follows: \\[ \\begin{array}{l} \\text { Rent - } \\$ 6,500.00 \\\\ \\text { Light - } \\$ 4,350.00 \\\\ \\text { Telephone- } \\$ 2,375.00 \\\\ \\text { Water - } \\$ 2,600.00 \\\\ \\text { Salary: } 2 \\text { Bakers - } \\$ 12,000.00 \\text { each and } 1 \\text { Cashier - } \\$ 8,000.00 \\end{array} \\] Required: Prepare the cash budget for Spatula Pastries for three (3) months using Microsoft Excel

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