The owner of a plumbing 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 $1,336. b. Actual sales for April and May are as follows: paid by those customers in addition to what they owe. The remaining sales are uncollectible. e. Salaries and wages total $11,750 per month, including a $4,500 salary paid to the owner. f. Rent is $4,600 per month. g. Taxes to be paid in June are $6,780. whole numbers. Cash Budget For June Beginning cash balance Collections: Cash sales Credit sales: Current month $ x % May credit sales x % April credit sales Total cash available Less disbursements: Inventory purchases: 2. Conceptual Connection: Did the business show a negative cash balance for June