a distributor of bottled water. For each item below, compute the amount of cash receipts or payments Aqua Cool will budget for September. The solution to one item may depend on the answer to an earlier item. View the items.LOADING... Question content area bottom Part 1 a. The company expenses $ 5 comma 100 per month for insurance on its fleet of delivery vehicles. The insurance premium is paid semiannually in September and March. (For an entry with a $0 balance, make sure to enter "0" in the appropriate input field.) Will there be a cash payment or cash receipt for insurance? What would be the amount? Part 2 b. Management expects to sell 7 comma 600 cases of water in August and 9 comma 900 in September. Each case sells for $ 20. Cash sales average 30% of total sales, and credit sales make up the rest. On average, three-fourths of credit sales are collected in the month of sale, with the balance collected the following month. (For an entry with a $0 balance, make sure to enter "0" in the appropriate input field. Round your answer to the nearest whole dollar.) Will there be a cash payment