Only the areas in BLUE will be graded

$\backslash$table$[[,\backslash$table$[[\%$ where$],[$applicable$]],$March,April,May,June,July$],[$ales$],[$ash sales$],[$ag $1$ month$],[$ag $2$ months$],[$ther income$],[$Total cash receipts$],[,,,,,,],[$isbursements$],[$urchases$],[$ent$],[$Vages and salaries$],[$ividends$],[$rincipal and interest$],[$urchase of new equipment$],[$axes due$],[$Total cash disbursements$],[,,,,,,],[$et cash flow$],[$dd: Beginning cash$],[$nding cash$],[$linimum cash$],[$equired total financing $($notes payable$)],[$xcess cash balance $($marketable securities$),,,,,,]]$

$1($b$)$

If the firm were to request a line of credit to cover needed financing for the period May, June and July, how large would this line have to be$?$ Explain your answer