I need help with the blank answers only. Please do not change the values that are currently listed or i will give you a thumbs down. These answers are already deemed correct. Thank you for your help.

Dorothy Koehl recently leased space in the Southside Mall and opened a new business, Koehl's Doll Shop. Business has been good, but koehl has frequently run out of cash. This has necessitated late payment on certain orders, which is beginning to cause a problem with suppliers. Koehl plans to borrow from the bank to have cash ready as needed, but first she needs a forecast of just how much she must borrow. Accordingly, she has asked you to prepare a cash budget for the critical period around Christmas, when needs will be especially high Sales are made on a cash basis only. Koehl's purchases must be paid for during the following month. Koehl pays herself a salary of $4,300 per month, and the rent is $2,200 per month. In addition, she must make a tax payment of $10,000 in December. The current cash on hand (on December 1) is $750, but Koehl has agreed to maintain an average bank balance of $5,500 - this is her target cash balance. (Disregard cash in the till, which is insignificant because Koehl keeps only a small amount on hand in order to lessen the chances of robbery.) The estlmated sales and purchases for December, January, and February are shown below. Purchases during November amounted to $110,000 Sales Purchases December January February a. Prepare a cash budget for December, January, and February $40,000 40,000 40,000 $120,000 38,000 68,000 I. Collections and Purchases: December January February Sales Purchases Payments for purchases 110000 Salaries $38,000 $40,000 $40,000 4300 S68,000 $ 40,000 $40,000 4300 $120,00 $40,000 $4300