The following information is from Tejas WindowTint$$s financial records.

Month Sales Purchases

April $ $72,000$ $ $50,000$

May $75,00047,000$

June $69,00035,000$

July $79,00053,000$

Collections from customers are normally $68$ percent in the month of sale, $18$ percent in the month following the sale, and $12$ percent in the second month following the sale. The balance is expected to be uncollectible. All purchases are on account. Management takes full advantage of the $1$ percent discount allowed on purchases paid for by the tenth of the following month. Purchases for August are budgeted at $$63,000,$ and sales for August are forecasted at $$69,000.$ Cash disbursements for expenses are expected to be $$14,600$ for the month of August. The company$$s cash balance on August $1$ was $$30,000.$

Required:

Prepare the expected cash collections during August.

Prepare the expected cash disbursements during August.

Calculate the expected cash balance on August $31.$