Ubi Soft Entertainment is one of the top ten video game publishers in the world. The company is in the process of developing its cash budget for the critical pre-Christmas period (August-November) when it makes about 60% of its sales. 20% of sales are cash; 55% are credit and collected the following month and the remainder is collected two months after the sale.Purchases of raw materials are made in the month prior to the expected sale and average 65% of expected sales. Purchases are paid for in the month following the purchase. Overhead, administration and other expenses are expected to be $244,000 in August and increase by $19,000 in each of the subsequent months. Taxes are $26,000 per month. Interest is$5,000 per month. Cash on hand on July 31 is $43,000. The company likes to maintain a minimum cash balance of $43,000 each month. Actual sales for June and July as well as forecasted sales to the end of the year are provided in the table to the right:

Ubi Soft
Sales Forecast
Month	Sales
June	$1,050,000
July	950,000
August	1,360,000
September	1,880,000
October	2,290,000
November	2,570,000
December	1,140,000

Prepare a cash budget for August, September, October, and November using the template and answer the following questions.

a. What are total cash inflows in September?

b. What are total cash disbursements in October?

c. What is the surplus (additional funds needed) in September?

d. What is the cash balance at the end of November?