Prasojo:
Maintains a 12% open line of credit for $75,000.Maintains a minimum cash balance of $30,000.
Borrows and repays loans on the last day of the month.Pays a cash dividend of $25,000 in April.
Purchases $143,700 of equipment in May and $48,300 in June paid in cash.Has an April 1 cash balance of $40,000.