Hear are some important figures from the budget of Big Blast, Inc. for
the second quarter of 2004:

 	April	May	June
Credit Sales	295,000	340,000	310,000
Credit Purchases	140,000	150,000	130,000
Cash Disbursement:			
Wages, taxes, expenses	25,000	27,500	32,000
Interest 	8,000	8,000	8,000
Equipment Purchases	50,000	70,000	254,000

The company predicts the 5 percent of its credit sales will never be
collected.   Thirty-five percent of its credit sales will be collected
in the month of sales, and the remaining 60 percent will be collected
in the following month.  Credit purchases will be paid in the month
following the purchases.  In March, credit sales were 275, 000.  Using
the information, complete the following budget:

	April	May	June	
Beginning Cash Balance	275,000			
				
				

Cash Receipts:  Cash collections from credit sales______________

Total Cash available

Cash Disbursements:

      Purchases

     Wages, taxes, and expenses

     Interest 

     Equipment purchases
         Total Cash Disbursements:   

Ending Cash Balance:

Beginning Cash Balance		275,000		

              		March	April 	May 	June
Credit Sales    	275000	295,000	340,000	310,000
Credit Purchases          	140,000	150,000	130,000
Cash Disbursement:                      					
Wages, taxes, expenses      	25,000	27,500	32,000
Interest             		8,000	8,000	8,000
Equipment Purchases         	50,000	70,000	254,000
					
Total Cash Disbursment		83,000	105,500	294,000

Credit Sales Collected	96,250	268,250	296,000	312,500
Credit Purchase Payment			-140,000-150,000

Ending Cash Balance	 	460,250	510,750	379,250


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