Answer Happy

Treeplant Plantation Pty Ltd is a small manufacturer of
tree-based products for sale to wholesalers and retailers in
Australia. Production and sales are seasonal with most activities
occurring towards the later end of the year as customers build
inventory for the summer holiday period. All sales are provided
within 30-day credit terms. The cash balance at 1 Jan 2022 is
$110,210. The following estimates have been made with respect to
the first three months of operation in 2022.
January
February
March
Credit Sales
$130,000
$110,000
$100,000
Purchase raw material
52,000
44000
40000
Manufacturing Labour
20,000
16,500
15,000
Overhead (including $3167 per month
depreciation)
8000
6600
6000
Warehouses and distribution expenses
4000
7000
9900
Sales and marketing expenses
5600
4900
3800
Administrative expenses (inc. $417 per month
depreciation)
3750
3500
3000
Loan - principal
9750
Loan interest expense
4500
Dividend paid
75000
Additional Information:
-
$210,000 in October 2021
-
$282,000 in November 2021
- $303,000 in December 2021
Required: