VanTrade Inc's forecasted operations for 3rd period of 2020 is shown below. The company began July with $150,000 of cash on hand. At the end of September, company needs 150000$ cash available for fulfilling upcoming Capital Expenditure payment. Prepare a cash budget, and determine how much cash will be available at the end of 3rd quarter. Is there any apparent risk associated with the required cash outflow at the end of september?
		July		August		September
	Customer receipts	$ 650,000		$ 700,000		$ 950,000
	Cash paid for direct materials	180,000		200,000		245,000
	Cash paid for direct labor	270,000		300,000		325,000
	Factory overhead*	150,000		155,000		164,000
	SG&A*	76,000		80,000		75,000
	Taxes	15,000		20,000		26,000
	Equipment purchase**					150,000
*	Includes monthly depreciations
**	Equipment purchase to be paid for in September