The table below gives the cash flows of a restaurant, Billys Kitchen, over three months April, May, and June 2016. Use the information provided in the table and in the notes below it to create a cash budget for three months ending 30 June 2016.

Month	Food sales	Beverage sales	Food purchases	Beverage purchases	Labour costs	Overheads
April	15,000	5,500	6,400	2,200	6,900	5,100
May	18,800	7,300	7,200	3,800	6,900	5,300
June	22,500	8,600	8,300	4,400	7,500	5,600

Notes:

1) Assume that all sales and purchases are made with cash.

2) The company will receive its annual investment interest of R3,000 in April.

3) New kitchen equipment of R7,300 will be purchased in April and paid for in cash in May.

4) The cash balance on the 1^st of April was R1,200.

Use the cash budget drawn up below. For the Net cash flow and Closing balance, where necessary, write the calculation used to get the answer in the relevant cell:

Billys Kitchen
Cash budget
For three months ending 30 June 2016
	April	May	June
Beginning cash balance
Cash receipts:
Food sales
Beverage sales
Other receipts
Total receipts
Food purchases
Beverage purchases
Labour costs
Overheads
Other payments
Total disbursements
Net cash flow
Closing cash balance