You are the accountant for a small business and the owner has asked you to prepare a cash budget for the month of June based on the information provided below. Budgeted figures for June: $ Sales revenue Purchases 4,290 1,640 Cost of sales 1,340 Wages 550 Internet expense 50 Depreciation expense 475 Rent expense 250 Additional information: The business had $378 in their bank account at 1 June. Purchases for May were $2,180. Purchases are paid 75% in the month of purchase and 25% in the month following the purchase. Internet is paid for 3 months in advance with next payment due in June. Rent of $500 was prepaid 2 months in advance in May. All other expenses are paid for in cash. The business will be repainting their store in June which will cost $1,050 and paid for immediately. Sales in May were $3,860. 80% of all sales are collected in the month of sale and 20% in the month following the sale. Prepare the cash budget for June