you have been asked to prepare a December cash budget for Ashton Company, a distributor of exercise equipment. The following information is available about the companys operations: a. The cash balance on December 1 is $58,600. b. Actual sales for October and November and expected sales for December are as follows: October November December Cash sales $ 73,200 $ 78,000 $ 92,000 Sales on account 485,000 568,000 663,000