tune, printing supply of Baltimore has applied for a loan it's a bank requested a budgeted income statement for April 2024 and budgeted balance sheet at April 30, 2020 for the March 31, 2020 for balance sheet follows

Tune Printing Supply of Batincer has appled for a lom, tss back han requested a budouted noome statemant for Aprl aede and budgebed bulatce sheet it Apri 30, 2024. The Mareh J1. As Tune Printing Supely's controler, you have asnentled the loilowitg adstional iatomation. 2024. baimce sheet follows: (cick the icon to viru the information) (Cick the ioon to view the bularce sheet] Requirsment 1. Piegare the saies budget for Agnil Requirement 2. Prepare the inventary, furchases, and cont of goods sold budgolf for April Pequirement 3. Prepare the suling and asminictrase toperos busget for Apel Data table More info a. April dividends of $4,000 were declared and paid. b. April capital expenditures of $16,700 budgeted for cash purchase of equipment. c. April depreciation expense, $500. d. Cost of goods sold, 45% of sales. e. Desired ending inventory for April is $21,200. f. April selling and administrative expenses include salaries of $33,000,30% of which will be paid in cash and the remainder paid next month. g. Additional April selling and administrative expenses also include miscellaneous expenses of 15% of sales, all paid in April. h. April budgeted sales, $88,000,65% collected in April and 35% in May. i. April cash payments of March 31 liabilities incurred for March purchases of inventory, $8,000. j. April purchases of inventory, $11,700 for cash and $37,000 on account. Half the credit purchases will be paid in April and half in May. Tune Printing Supply of Baltmore has applied lor a loan its bank kas tegaesked a budgeted As Tone Piting Supplys cortrolet, you have atanmbled the folowing income statemeet for April 2024 and budgeted balicen shoet at Apri 30, 2024. The March 31, addional intomation: 2024, bolance sheet folicws: (Clck the iosn io vew the information) (Cick the loon to view the balarice sheet.) Requirement 3. Prepare the seling and adminislrathe expense budget for Acri. Pegulrement 4. Pregare the budpotod eash receipts from cutiomere for Aprl. (Click the icon to view the bolance sheet.) Requirement 5. Preptare the budgeted cash payments for selling and adrinistrative experses for April. Requitement 6. Prepare the cash budpet for Apri Assume the corrpary does not use short berm financing to maineain a minkmum cash batahee. Revinw the bodoned cash rocolgts trom customers you groparod above. Review the budgeted cash paymorts for seling and administrative expenses you prepared above. (Click the ioan to view the balance sheet.) Revies the budgeted cash payments for selling and administrative expenses you prepared above. Requiremens 7. Prepare the budgesed income statement for Apri Feniew the nales budget you frepared above. Feverew the seling and adminiatyative expense budget you prepared abeve. Peviow the inverory, purchases, and cost ol goods sold busget you peopared above Reguirement 7. Ptepare the budgeted intome stalement for Acril. Review the salos budget you prepaced above. Review the seling and adtinistralive expense busget you peoparod wbove. Pervere the inventory, purchases, and cost of goods sold budget you peopaced above. Requirement t. Prepare that budgebed baiance shees at Achi 30, 2604. Furvow the cath butget you prepared abeve. 2024, balince sheet follows \{Click the icon to virw the balance sheet. (Clok the icon lo view the indormation? Aeculrement 8. Prepare the budoeted bolance sheet at Apri 30.2024 Review the cash budget you prepared above. 20r4, balance sheot folows: III (Cick the ioon 10 view the balance sheet] [Click the ioon to view the infortaition.]