A S&P Enterprises needs a cash budget for March. The following information is available. D Accounts Receivable Collections: Month of sale Month following sale P Second month following sale 3 Uncollectible Data Actual January and February and expected March sales: Cash sales Sales on account Total Sales Accounts payable for inventory purchases, March 1 balance 5 Budgeted inventory purchases in March 5 Inventory payments: Month of purchase Month following purchase Total budgeted selling & administrative expenses in March (including depreciation) Budgeted depreciation in March (included in total selling and admin exp) Other budgeted cash disbursements in March B January $1,600 25,000 $26,600 15% 60% 22% 3% $10,500 $23,500 60% 40% $12,500 $3,200 C February $3,750 30,000 $33,750 D March $5,100 40,000 $45,100 E F

5\&P Enterprises needs a cash budget for March. The following information is availat le. \begin{tabular}{lrrr|} \hline \multicolumn{1}{c}{ Data } & Jonuory & February & Morch \\ Actual January and February and expected March sales: & & \\ Cash sales & $1,600 & $3,750 & $5,100 \\ Sales on account & 25,000 & 30,000 & 40,000 \\ Total Sales & $26,600 & $33,750 & $45,100 \\ \hline \end{tabular} Accounts Receivable Collections: Month of sale Month following sale Second month following sale Uncollectible Accounts payable for inventory purchases, March 1 balance Budgeted inventory purchases in March Inventory payments: Month of purchase Month following purchase 15% 60% 22% 3% $10,500 $23,500 Total budgeted selling Q administrative expenses in March (including depreciation) \$12,500 Budgeted depreciation in March (included in total selling and admin exp) $3,200 Other budgeted cash disbursements in March