Which one of the following items would not be included for a company preparing a cash budget for June? O The borrowing of funds from a bank on a note payable taken out in June, with an agreement to pay the principal and interest in three months. O Collections from sales made in May (collection pattern 30% in month of sale; 70% one month after sale). O Property taxes levied in the last calendar year, scheduled to be paid quarterly in the coming year during the last month of each calendar quarter. Depreciation expense for June.