i Reference Marlin Company has prepared the following schedules and a.docx

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i Reference Marlin Company has prepared the following schedules and additional information: (Click the icon to view the cash receipts schedule.) (Click the icon to view the cash payments schedule.) i (Click the icon to view the additional information.) January February March Total Complete a cash budget for M More Info Cash payments: Purchases of direct materi Cash Payments Direct Materials: Accounts Payable balance, January 1 January-Direct material purchases paid in February February-Direct material purchases paid in March Direct labor $ 3,400 Marlin's beginning cash balance is $9,000 and Marlin desires to maintain a minimum ending cash balance of $9,000. Marlin borrows cash as needed at the beginning of each month in increments of $1,000 and repays the amounts borrowed in increments of $1,000 at the beginning of months when excess cash is available. The interest rate on amounts borrowed is 13% per year. Interest is paid at the beginning of the month on the outstanding balance from the previous month. Manufacturing overhead Selling
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