uarter 4. Here are some important figures from the budget of Wexter Enterprises for the second of 2013: April May Credit sales $411,000 $368,000 June $432,000 Credit purchases 250,200 293,800 307,400 Cash disbursements Wages, taxes, and expenses 82,300 76,500 84,900 Interest 8,200 8,200 8,200 Equipment purchases 27,500 24,000 46,900 The company predicts that 2 percent of its credit sales will never be collected, 45 percent of its sales will be collected in the month of sale, and the remaining 53 percent will be collected in the following month. Credit purchases will be paid in the month following the purchase. In March 2013, credit sales were $387,000 and credit purchases were $279,500. Ending cash balance from March 2013 was $97,500. Prepare a cash budget for April, May & June 2013