The cash budget would show a balance at the end of the first month of

Revenue: $100,000 per month

Collection Schedule: in 1st month, each in second and third months

Beginning cash balance $55,000

Expenses (paid in month incurred) as follows.

Salaries: $60,000 per month

Supplies: $14,000 per month

Rent: $10,000 per month

Utilities: $6,000 per month

$65,000

$15,000

$10,000

-$35,000