1 Timpco, a retailer, makes both cash and credit sales le sales on open account). Information regarding budgeted sales for the last quarter of the year is as follows: 5.83 ports Cash sales Credit sales Total October $100.ee 182.ee $ 200,000 November $120.000 150.000 December 5 80,000 90,000 03.0747 Der Past experience shows that 5% of credit sales are uncollectible. Of the credit sales that are collectible, 60% are collected in the month of sale the remaining 40% we collected in the month following the month of sale. Customers are granted a 15% discount for payment within 10 days of billing Approximately 75% of collectible credit sales take advantage of the cash discount Inventory purchases each month are 100% of the cost of the following month's projected sales (The gross profit rate for Timpcois approximately 30%) All merchandise purchases are made on credit with 25% paid in the month of purchase and the remainder paid in the following month. No cash discounts for early payment are in effect Required: Calculate the budgeted total cash recepts for November and December (Round your discount foctor to 3 decimal places. Round your other intermediate calculations and the final answers to the nearest whole dollar amount.) alculate budgeted cash disbursements for November and December (budgeted total cales for January of the coming year equats 5200.000 Novem December Totalcash receipts 2. Budgeted coch disbursement