Show work Prepare a cash budget for the next two months based on the following information, showing total cash receipts, total cash payments, and beginning and ending balances of cash. You expect to borrow $20,000 from the bank to get your business going. In the first month, you plan to purchase supplies and equipment of $12,000. Expected sales are $30,000 for the first month and $38,000 for the second month. You expect to receive 30% of sales in cash sales and of the remaining amount 80% in the month of sale and 20% in the following month. You have fixed monthly expenses of $8,000. Variable monthly expenses are expected to be $4,000 in the first month and $5,000 in the second month. You will also need to make interest payments on your loan each month based on a 14% annual interest rate.