need the correct answer please.

1. Prepare a sales budget, including a schedule of expected cash collections. 2. Prepare a direct materials budget, including a schedule of expected cash disbursements for purchases of materials 3. Prepare a cash budget. XH5. ? X Cash Budget with Supporting Cash Collections and Disbursements Schedules - Excel INSERT PAGE LAYOUT FORMULAS DATA REVIEW VIEW FILE HOME Sign in X Calibri - 11 M Paste BTU Cells Editing A A % A Alignment Number Conditional Format as Cell Formatting Table Styles Styles Expected cash collections: Clipboard Font $24,600 X 9.300 4 * This window shows your responses and what was marked correct and incorrect from your previa E B X 46.100 XXXX X $24,600 9,300 14,000 2,000 X 49.900 X 3.800 X 21 Total cash available 22 Less disbursements: 23 Payments to suppliers 24 Selling and administrative expenses 25 Equipment purchases 26 Dividends paid 27 Total disbursements 28 Preliminary cash balance 29 Financing 30 Additional loan 31 Loan repayments 32 Interest 33 Total financing 34 Cash balance, March 31 35 X 13.800 XXXX 36 37 38 39 40 41 42 43 44 Budget Data Schedules and Cash Budget This window shows your responses and what was marked correct and incorrect from your previous at 6 Sales on account 7 Total Sales 25,000 30,000 40,000 $ 26,600 $ 33,750 $ 45,100 8 9 Accounts Receivable Collections: 10 Month of sale 11 Month following sale 12 Second month following sale Uncollectible 15% 60% 22% 3% 13 14 $10.500 $23.500 60% 40% 19 15 Accounts payable for inventory purchases, March 1 balance 16 Budgeted inventory purchases in March 17 Inventory payments: 18 Month of purchase Month following purchase 20 21 Total budgeted selling & administrative expenses in March 22 Budgeted selling & administrative depreciation in March 23 24 Other budgeted cash disbursements in March 25 Equipment purchases 26 Dividends to be paid 27 28 Minimum cash balance to be maintained 29 March I cash balance Budget Data Schedules and Cash Budget $12,500 $3,200 $14.000 $2.000 $10,000 $11.500 BEAR LOL 16 Budgeted inventory purchases in March $23.500 17 Inventory payments: 18 Month of purchase 60% 19 Month following purchase 40% 20 21 Total budgeted selling & administrative expenses in March $12,500 22 Budgeted selling & administrative depreciation in March $3,200 23 24 Other budgeted cash disbursements in March 25 Equipment purchases $14,000 26 Dividends to be paid $2,000 27 28 Minimum cash balance to be maintained $10,000 29 March 1 cash balance $11,500 30 March 1 outstanding borrowings SO 31 March 1 interest due $0 32 33 The company has a line of credit available to bolster the cash balance as needed. 34 35 When preparing budgets, the company maintains their data on a separate sheet from the actual budget and schedules, 36 37 Click the Schedules and Cash Budget tab to prepare the following: 38 1. Schedule of expected cash collections for March 2. Schedule of expected cash disbursements for inventory purchases for March 39 TRE Budget Data Schedules and Cash Budget ** SIMON 22 Budgeted selling & administrative depreciation in March $3,200 23 24 Other budgeted cash disbursements in March 25 Equipment purchases $14,000 26 Dividends to be paid $2,000 27 28 Minimum cash balance to be maintained $10,000 29 March 1 cash balance $11,500 30 March 1 outstanding borrowings $0 31 March 1 interest due SO 32 33 The company has a line of credit available to bolster the cash balance as needed. 34 35 When preparing budgets, the company maintains their data on a separate sheet from the actual budget and schedules. 36 37 Click the Schedules and Cash Budget tab to prepare the following: 38 1. Schedule of expected cash collections for March 39 2. Schedule of expected cash disbursements for inventory purchases for March. 40 3. Cash budget for March. Indicate in the financing section any borrowing that will be needed in March. Assume that 41 any interest will not be paid until the following month. 42 43 44 45 Budget Data Schedules and Cash Budget SCANS AL