Vertical Ladder Company $($VLC$)$ forecasts its sales for January through April will be $$80,000,$ $$90,000,$ $$130,000,$ and $$120,000,$ respectively. All sales are made on credit, and it is expected that $40$ percent of sales will be collected in the month of the sale and the remainder will be collected the month following the sale. Customers who pay in the month of the sale will take the $4$ percent cash discount VLC offers for paying early. VLC normally purchases and pays for raw materials, which cost $55$ percent of sales, one month prior to selling the finished products. Employees' wages represent $20$ percent of sales and rent is $$6,000$ per month. At the beginning of February, VLC expects to have $$5,000$eBook

Sales

$\backslash$table$[[$Cash Receipts:$],[$Sales in month of sale$],[$Sales one month after sale$],[$Total cash receipts$]]$

$\backslash$table$[[$Cash Disbursements:$],[$Raw materials$],[$Wages$],[$Rent$]]$

$\backslash$table$[[$Notal cash disbursements cash flow$],[$Beginning cash balance$],[$Ending cash balance$],[$Target cash balance$],[$Surplus $($Shortfall$)]]$