$7\mathrm{.}59/10$ Total points awarded

Parson Corporation, a wholesaler, provided the following information:

$\backslash$table$[[$Month$,\backslash$table$[[$Merchandise$],[$Purchases$]],],[$January$,162,000,$Sales$],[$February$,168,000,212,000],[$March$,156,000,206,000],[$April$,174,000,205,000],[$May$,180,000,218,000],[,,206,000]]$

Customers pay $65\%$ of their balances in the month of sale, $25\%$ in the month following sale, and $10\%$ in the seconfy month following sale. The company pays all invoices in the month following purchase and takes advantage of a $2\%$ discount on all amounts due. Cash payments for operating expenses in May will be $$129,500$; Parson's cash balance on May $1$ was $$147,800.$

Required:

A$.$ Determine the expected cash collections during May.

B$.$ Determine the expected cash disbursements during May.

C$.$ Determine the expected cash balance on May $31.$

$\backslash$table$[[,],[$A$.,$Cash collections,$$,209,000],[$B$.,$Cash disbursements,$$,300,020],[$C$.,$Cash balance,$$,56,780]]$