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Agua Ice is a distributor of bottled water. For each of the items, compute the amount of cash receipts of payments Agua Ice will budget

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Agua Ice is a distributor of bottled water. For each of the items, compute the amount of cash receipts of payments Agua Ice will budget for September. The solution to one item may depend on the answer to an earlier dem. (Round your answers to the nearest whole dollar) (Click the icon to view the items.) a. Management expects to sell equipment that cost $19,000 at a gain of $7,000. Accumulated depreciation on this equipment is $9,000 a. The amount of cash receipts the company will budget for the sale of the equipment iss b. Management expects to sell 7,100 cases of water in August and 9,500 cases in September. Each case sells for 514 Cash sales average 10% of total sales, and aedit sales make up the rest. Three-fourths of credit sales are collected in the month of sale, with the balance collected the following month. b. The amount of cash receipts the company will budget for the collection of sale revenue is S C. The company pays rent and property taxes of $4,100 each month. Commissions and other selling expenses average 10% of sales Agua Ice pays one-half of commissions and other selling expenses n the month incurred, with the balance paid the following month. c. The amount of cash payments for total expenses the company will budget for September iss Enter any number in the edit fields and then continue to the next question O Type here to search

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