The following information pertains to Mon Ami Ltd.

Month	Sales	Purchases
July	$30,000	$10,000
August	34,000	12,000
September	38,000	14,000
October	42,000	16,000
November	48,000	18,000
December	60,000	20,000

Cash is collected from customers in the following pattern:

Month of sale: 30%

Month following sale: 50%

Two months following sale: 15%

Uncollectible: 5% 40% of purchases are paid for in cash in the month of purchase, and the balance is paid in the following month.

Required:

a) Prepare a cash collections schedule for the last three months of the year.

b) Prepare a cash disbursement schedule for the last three months of the year.