4) Craigco receives cash for 15% of its sales and 85% is on credit. Credit sales are collected 20% in the month of sale and 75% in the month after sale, with 5% uncollectible. The sales projection for March-June is below, Month March April May June July Units Sold 15,000 18,000 25,000 30,000 40.000 Total Revenue $225,000.00 $ 270,000.00 $375,000.00 $450,000.00 $ 600,000.00 a) Prepare a cash receipts schedule for April-June for Craigco. 1 b) Generate a monthy production schedule in units for April June, Craigcauses a seasonal production schedule, with each months production being equal to its next months sales Opening inventory is 1,000 units. a) Prepare a cash payments schedule, assuming labour costs of ss perunit paid in the month of production and materials cost of SA perunit paid in the month after production Other Operating expenses are expected to be $50,000 permonth b) Generate a monthy production schedule in units for April-June. Craigco uses a seasonal production schedule, with each months production being equal to its next months sales. Opening inventory is 1,000 units. a) Prepare a cash payments schedule, assuming labour costs of $5 per unit paid in the month of production and materials cost of $4 perunit paid in the month after production. Other Operating expenses are expected to be $50,000 per month their required minimum. b) Construct a cash budget for April-June. Assume opening cash is $25,000 and is c) Determine total current assets for each April-lune (Accounts receivable + Cash + Inventory)