(1) The firm makes 25% of sales for cash, 62% are collected in the next month, and the remaining 13% are collected in the second month following sale. (2) The firm receives other income of $2,200 per month. (3) The firm's actual or expected purchases, all made for cash, are $50,200,$69,900, and $79,500 for the months of May through July, respectively. (4) Rent is $2,600 per month. (5) Wages and salaries are 11% of the previous month's sales. (6) Cash dividends of $3,300 will be paid in June. (7) Payment of principal and interest of $3,800 is due in June. (8) A cash purchase of equipment costing $5,900 is scheduled in July. (9) Taxes of $6,000 are due in June. (1) The firm makes 25% of sales for cash, 62% are collected in the next month, and the remaining 13% are collected in the second month following sale. (2) The firm receives other income of $2,200 per month. (3) The firm's actual or expected purchases, all made for cash, are $50,200,$69,900, and $79,500 for the months of May through July, respectively. (4) Rent is $2,600 per month. (5) Wages and salaries are 11% of the previous month's sales. (6) Cash dividends of $3,300 will be paid in June. (7) Payment of principal and interest of $3,800 is due in June. (8) A cash purchase of equipment costing $5,900 is scheduled in July. (9) Taxes of $6,000 are due in June