Bruce Jaffee is a wholesaler of spices, importing them from countries such as Thailand, India, and Sri Lanka. Bruce repackages the spices and sells them to organic food stores and gourmet groceries. Bruce sells most of his products on credit; he estimates that he collects 30% of his revenues in the month of sale, 40% in the following month, 25% two months after the sale, and the remaining 5% the month thereafter.
Bruce provides you with the following budgeted revenue information for the coming five months:

Required:
Compute Bruce€™s budgeted cash inflows for November andDecember.

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Month August September November December r Revenues $120,000 $135,000 $140,000 $135,000 $150,000