Use the Following Information to Answer the Questions Below Our Business is preparing their Cash Budget for the Upcoming Month of JUNE. Given the Following; 1. We Plan to PRODUCE 1,000 Bikes and SELL 800 Bikes During the month. 2. The Sales price per Unit is $150 Each per Unit 1.80% of All Sales are on Credit and 20% are Cash Sales. 2.25% of the Credit Sales are collected during the current month and 75% are collected later. 3. Costs Include; 1. Direct material = $20 per unit, Direct Labor=$60 per unit 2. Sales Related Costs =$40 per unit 3.75% of All Variable Costs are paid during the current month and 25% are paid in the Next Month. 4. Manufacturing Salaries $8,000 per month 5. Factory Rent Costs $6,000 month. 6. Machinery Depreciation= $5,000 per month 7. SGA Costs $3,000 per month 8. All Fixed Costs are paid for During the month incurred 4. We Plan to Purchase some new Equipment with Cash during the Month for $22,000. 5. The Estimated Cash Balance for June 1st $53,000 and the minimum Cash required $50,000. 6. We can Borrow Cash from the Bank at a Rate of 12% via a Line of Credit in 1,000 Increments.