The ending cash balance for March is?

The financial analyst for Sportif, Inc. has compiled sales and disbursement estimates for the coming months of January through May. Historically, 75 percent of sales are for cash with the remaining 25 percent collected in the following month. The ending cash balance in January is $3,000. Prepare a cash budget for the months of February through May to answer the following multiple choice questions. Month Disbursements January February March April May Sportif, Inc. Sales $5,000 6,000 10,000 10,000 10,000 $6,000 $7,000 $4,000 $5,000 $5,000