Cash Budget Operating activities Operating cash receipts Product sales revenue Collections in the year of sale Collections in the year following sale Operating cash receipts Operating cash payments Purchases Cost of expected sales Required ending inventory Beginning inventory Purchases Payments in the year of purchase Payments in the year following purchase Prior Year 309,000 278, 100 308, 100 123,600 150,000 152,000 60,550 212,550 77,450 318,270 286, 443 317,343 127, 308 327,818 295,036 31,827 326,863 131,127 Cash payments for purchases Expenses Advertising expense Interest expense Wages expense Supplies expense Utilities expense Expenses Operating cash payments Cash from (to) operating activities Investing activities Equipment purchases Equipment sales Cash from (to) investing activities Dr. Bolden: Wages is incorrectty printed in the textbook as 46,000. It should be 56,000.