vt met G point on edit whe... G Google Search > https://commerce LO4 Cash Budget CASH FLOW P3. All Eyes Security Services Company provides security monitoring services. It employs four security specialists. Each specialist works an average of 180 hours a month. The READSHEET company's controller has compiled the information that follows. lance: 511,260 Actual Data for Forecasted Data for Last Year Current Year November December January February March Security billings (sales) $30,000 $35,000 $25,000 $20,000 $30,000 Selling and admin. expenses 10,000 11,000 9,000 8,000 10,500 Operating supplies 2,500 3,500 2,500 2,000 3,000 Service overhead 3,000 3,500 3,000 2,500 3,000 Sixty percent of the client billings are cash sales collected during the month of sale; 30 percent are collected in the first month following the sale; and 10 percent are col lected in the second month following the sale. Operating supplies are paid for in the month of purchase. Selling and administrative expenses and service overhead are paid in the month following the cost's incurrence. The company has a bank loan of $12,000 at a 12 percent annual interest rate. Inter- est is paid monthly, and $2,000 of the loan principal is due on February 28. Income taxes of $2,500 for the last calendar year are due and payable on March 15. The four security specialists each earn $15 an hour, and all payroll related employee benefit costs are included in service overhead. The company anticipates no capital expenditures for the first quarter of the coming year. It expects its cash balance on December 31 to be $15,000. REQUIRED Prepare a monthly cash budget for All Eyes for the three month period ended March 31