Aqua Clean is a distributor of bottled water. For each item below compute the amount of cash receipts or payments Aqua Clean will budget for September. The solution to one item may depend on the answer to an earlier item. Clickthe icon to view the items.) (If there is not a cash receipt or paymententer "0". Round your answers to the nearest whole dollar.) a. The company expenses $5,400 per month for insurance on its fleet of delivery vehicles. The insurance premium is paid semiannually in September and March. There will be cash payments for insurance. The amount would be $ 32400 b. Management expects to sell 7,000 cases of water in August and 9,200 in September. Each case sells for $17. Cash sales average 30% of total sales and credit sales make up the rest. On averagethree-fourths of credit sales are collected in the month of sale with the balance collected the following month. There will be cash receipts for the collection of sale revenue. The amount would be $ Aqua Clean is a distributor of bottled water. For each item belowcompute the amount of cash receipts or payments Aqua Clean will budget for September. The solution to one item may dr (Clickthe icon to vie More Info (If there is not a cash red September and March a. The company expenses There will be cash pay b. Management expects to sales make up the rest of There will be cash rece a. The company expenses $5,400 per month for insurance on its fleet of delivery vehicles. The insurance premium is paid semiannually in September and March b. Management expects to sell 7,000 cases of water in August and 9,200 in September. Each case solls for $17. Cash sales average 30% of total sales, and credit sales make up the rost. On average, three-fourths of credit sales are collected in the month of sale, with the balance collected the following month c. The company pays commissions and other expenses of $4,000 per month. d. A depreciation expense of $3,000 is recognized each month, .. Aqua Clean declares $103,000 in dividends to shareholders of record as of September 14, f. The payment date for the dividends declared in Parteis September 30. of total sales and credit month Print Done