Please help with Finance question A.S.A.P. I need an answer in the next 24 hours. 

9 month estimated sales forcast:

March 2004 $250,000

April 275,000

May 320,000

June 450,000

July 575,000

August 700,000

September 825,000

October 350,000

November 285,000

Gathered are the following collection estimates regarding the forecast
sales: Collection within the month of sale, 10%; collection the month
following sales, 65%, and collection the second month following sales,
25%. Payments for direct manufacturing costs like raw materials and
labor are made during the month that follows the one in which such
costs have been incurred. These costs are estimated as follows:

March 2004 $187,500

April 206,250

May 240,000

June 337,500

July 431,250

August 525,000

September 618,750

October 262,500

Administrative salaries will approximately amount to $35,000 a month;
lease payments around $15,000 a month; depreciation charges, 15,000 a
month; a one-time new plant investment in the amount of $95,000 is
expected to be incurred and paid in June; income tax payments
estimated to be around $ 55,000 will be due in both June and
September; and finally, miscellaneous costs are estimated to be around
$10,000 a month. Cash on hand on March 1 will be around $50,000; and a
minimum cash balance of $50,000 shall be on hand at all times.

 1. Prepare an estimate of the required financing needs (or excess
funds) for each month during the budget period.

 2. If you were a bank manager would you want this company as your
client? Why or why not?