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3738. Chadmark Corporation's budgeted monthly sales are $5,000. Forty percent of its customers pay in the first month and take the 3 percent discount. The

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3738. Chadmark Corporation's budgeted monthly sales are $5,000. Forty percent of its customers pay in the first month and take the 3 percent discount. The remaining 60 percent pay in the month following the sale and don't receive a discount Chadmak's bad debts are very small and are excluded from this analysis. Purchases for next month's sales are constant each month at $3,500. Other payments for wages, rent, and taxes are constant at S900 per month Construct a single month's cash budget with the information given. What is the average cash gain or loss) during a typical month for Chadmark Corporation

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