The following data are from the budget of Ritewell Publishers. Half the company?s sales are transacted on a cash basis. The other half are paid for with a 1-month delay. The company pays all of its credit purchases with a 1-month delay. Credit purchases in January were $30, and total sales in January were $180.

Complete the following cash budget:

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Aprll March February Total sales Cash purchases Credit purchases Labor and administrative purchases Taxes, Interest, and dividends Capital expenditures $180 $200 $220 80 30 60 40 30 70 40 30 30 10 100 10 10 February March April Sources of cash Collections on current sales Collections on amounts recelvable Total sources of cash Uses of cash Payments of accounts payable Cash purchases Labor and administrative expenses Capltal expenditures Taxes, Interest, and dividends Total uses of cash Net cash Inflow Cash at start of perlod 100 + Net cash Inflow = Cash at end of perlod + Minimum operating cash balance 100 100 100 = Cumulative short-term financing requlred