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Wild Bill & Company estimates the following for 2018:

Wild Bill & Company estimates the following for 2018:

 

Sales (all on account)

$800,000

Collections of accounts receivable

700,000

Proceeds from bond issuance

500,000

Proceeds from sale of common stock

300,000

Merchandise bought on credit

650,000

Payments of accounts payable

500,000

Cash payments of expenses

70,000

Cash purchase of equipment

140,000

Depreciation of equipment

15,000

Payment on notes payable

30,000

 

The ending cash balance for 2017 was $200,000.

 

How do I make a cash budget to determine the ending cash balance for 2018

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