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Alberta Corporation, a wholesaler, provided the following information: Customers pay 60% of their balances in the month of sale, 30% in the month following sale,

Alberta Corporation, a wholesaler, provided the following information: Customers pay 60% of their balances in the month of sale, 30% in the month following sale, and 10% in the second month following sale. The company pays all invoices in the month following purchase. Operating expenses (paid for in the month incurred) in May will be $129,500; of which $10,000 is depreciation expense. Bentson's cash balance on May 1 was $127,800. Required: Determine the following: A. Expected cash collections during May. B. Expected cash disbursements during May. C. Expected cash balance on May 31

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