1. Adelphi Company has budgeted activity for March to reflect net income $105,000. All sales are credit sales. Receivables are planned to increase (decrease -) by $-27,000 payables to increase (decrease -) by $-29,000 and Depreciation Expense is $58,000. Use this information to determine how much cash will increase (decrease) during the month of March. (Decreases in accounts receivable or accounts payable will have a negative sign in front of number.Round & enter final answer to the nearest whole dollar.)
2. Towson Company manufactures book cases, and each requires 22 board feet of lumber. Towson expects that 1,900 and 1,550 book cases will be built in June and July, respectively.Towson keeps lumber on hand at 30% of the next month's production needs. Use this information to determine number board feet of lumber that Towson Company should buy in June. (Round & enter final answers to the nearest whole number.)