The expected sales for Uptown Clothing in the month of May are shown in the table below. Chelsea Rogers, the owner, gives credit to a select group of customers (20 percent of sales), but all others must pay cash. Of Chelsea's credit customers, 80 percent pay her the month after the sale and 20 percent pay the following month.

Chelsea pays cash for 10 percent of her purchases. The other 90 percent she pays off by the end of the next month. Chelsea's operating expenses are paid the month after incurrence. Her operating expenses are about $7,000 each month, $500 of which is depreciation. Selling expenses have a fixed and a variable component. The fixed is $1,500 a month, and the variable is 10 percent of sales. Chelsea began May with $9,000 in cash.

	Sales	Purchases
March	$130,000	$120,000
April	140,000	125,000
May	150,000	130,000

Prepare a cash budget to determine Uptown Clothing's ending cash balance for May. Use attached accounting paper.