2. Develop a cash budget based on the following information about a K-12 school. Its fiscal year runs from July 1 to June 30. Cash inflow: Federal sources: $300,000, paid in January State sources: $300,000, paid bimonthly Local sources: $200,000, paid semiannually in July and January Cash outflow: Personnel services costs: $100,000 Contracted services: $10,000 School operations: $20,000 Facility operations & maintenance: $30,000 Assuming that the initial cash balance is $100,000 at the beginning of the school year and the cash safety margin is $10,000, what does the cash budget tell you? What do you do with this information