UR Business is working on its budgets for the first quarter of 2022 -January March. The following are the estimated sales for that period with a beginning cash balance of $ 10,000. January February March Revenue $612.300 $736.470 $797.400 Cost of Sales $164.349 $167.936 $167.238 Commissions $173.158 $181.215 $177.957 Rent $15.000 $15.000 $15.000 Depreciation $35.000 $35.000 $35.000 The sales pattern is 35% cash sales and 65% credit sales. Collections are done the next month. Monthly expenses are as follow: Cost of sales is with 80% in the current month and the reminder paid in the following month. Commissions are with 70% of the money paid in the month of sale, and the balance being paid for accounts payable in the following month. Rent is $ 15,000 per month. Depreciations is $ 35,000 per month. You are required to prepare: 1. A schedule of estimated cash availability for January to March. Show all cash receipts and disbursements for each month. 2. Complete the income statement for the three months period