Use the following information to prepare the September cash budget for PTO Company Ignore the "Loan activity" section of the budget. a. Beginning cash balance, September 1, $43,000 b. Budgeted cash recelpts from September sales, 5259,000 c. Direct materials are purchased on credit. Purchase amounts are August (actual), $77,000, and September (oudgeted). $109,000 Payments for direct materials follow. 60% in the month of purchase and 40% in the first month after purchase d. Budgeted cash payments for direct labor in 5 eptember, $32.000. e. Budgeted depreciation expense for September, $4,000. 1. Budgeted cash payment for dividends in September, $59.000. 9. Budgeted cash payment for income taxes in Septembet, $10,800 h. Budgeted cash payment for loan interest in September, $1,700