(1) The fim makes 21% of sakes for cash, 60% are colkected a the next month and the remanng 19 s are coloctod in the second month folowing sale (2) The firm receives othor ncome of $2,200 per month (3) The firm's actual or expected putchases al mado lor cash, are 5.50.200,$70,400 and $70,500 for the months of May through suy , tespoctively (4) Reat is \$2,700 per moeth. (5) Wages and swanes are 10 of the previcus month's sabes (6) Cash dveenas of $2,600 will be pad in Lune (7) Pament of pencipal and interest of $4,200 is due in done (8) A cash purch ofe of equpment costing 56,200 is scheduled in July (9) Tanes of \$5,700 are dia io dune