The owner of a building supply company has requested a cash budget for June. After examining the records of the company, you find the following: a. Cash balance on June 1 is $936. b. Actual sales for April and May are as follows: April May $18,000 35,000 $53,000 $10,000 28,900 $38,900 e credit sales are conected over a otperiod 40% in the month of sale 30% in the se ond month, and 20% in the third month. The sales in the third month are subject to a 2% late fee, which is paid by those astomers in addition to what they owe. The remaining sales are d. are paid for in the following month. e. Salaries and wages total $11,750 per month, including a $4,500 salary paid to the owner f. Rent is $4,900 per month. g. Taxes to be paid in June are $6,780. The owner also tells you that he expects cash sales of $18,600 and credit sales of $54,000 for June. No minimum cash balance is required. The owner of the company doesn't have access to short-term loans Required: a cash budget for June. Include supporting schedules for cash collections and cash payments. Round calculations and final answers to 1. Prepare the nearest dollar. Be sure to enter percentages as 1:33 PM