a) The cash collection pattern for RK Inc. is - one quarter is being collected in the month of sales, two quarters are being collected in the following month of sales, and the remaining goes to as bad debts. If their sales for the month of January were to be $60,000, what amount of cash collections that will be recorded in February?

b) The ending inventory of RK Inc. for the month of February is 24,000 units. If they produce a total of 5,000 units in February, what will be the opening inventory for the month of March?

C) JK corporation has a set minimum cash balance target for the month July as $50,000. After estimating, it has been figured out that total cash inflows are $85,000 and cash outflows are $35,000. How much money that they have borrow to maintain the cash balance?