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Would someone help me with an accounting question. Prepare a Cash Budget for May... The following information for the month of may has been provided

Would someone help me with an accounting question. Prepare a Cash Budget for May...

The following information for the month of may has been provided for Bowser company.

May 1 cash balance 29,000

cash collections anticipated in may 37,000

Expected may cash expenditures for operating expenses 13,200

Inventory purcashes to be paid in may 26,300

cash dividends declared in may and to be paid in june 7,500

May depreciation expense 5,200

production equipment purcahse 50% of which will be paid in may and balance paid in june 40,000

Thanks a lot

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