5:32 il 4G learning.griffithcollege.edu.au P Flag question Network Company Pty Ltd made the following estimates for the three months ending 31st March. This is Network Company's first period of operation and their starting cash balance is $5 000. ESTIMATES: Cash receipts from sales $600 000 Cash payments for expenses 260 000 Purchase of non-current assets ($10 000 40 000 balance to be paid April) Depreciation of non-current assets 8 000 Repayment of bank loan 50 000 Using the estimates provided above, What is the expected cash receipts at 31st March? Select one: O a. $252 000 O b. $255 000 O c. $272 000 O d. $600 000 Previous page Next page Quinavirat