Finance Question

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Given the following information:       
Sales      
June$200,000       
July200,000      
August200,000      
September300,000      
October500,000      
November200,000      
        
 - 2. 70% of the sales are for credit and are collected one month after the sale. Other receipts:  $50,000 in October
 - Variable disbursements: 60% of sales each month     
 - Other disbursements: $10,000 a month      
 - $80,000 for taxes in August       
 - $400,000 for debt repayment in November      
 - Beginning cash: $50,000       
 - Desired cash: $10,000       
        
Prepare a monthly cash budget for this firm.      
        
        
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