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Aqua Crisp is a distributor of bottled water. For each item below, compute the amount of cash receipts or payments Aqua Crisp will budget

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Aqua Crisp is a distributor of bottled water. For each item below, compute the amount of cash receipts or payments Aqua Crisp will budget for September. The solution to one item may depend on the answer to an earlier item. (Click the icon to view the items.) (If there is not a cash receipt or payment, enter "0". Round your answers to the nearest whole dollar.) a. The company expenses $5,000 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 $30000 b. Management expects to sell 7,200 cases of water in August and 9,300 in September. Each case sells for $20. Cash sales average 30% of total sales, and credit sales make up the rest. On average, three-fourths of credit sales are collected in the month of sale, with the balance collected the following month. There for the collection of sale revenue. The amount would be $. c. The company pays commissions and other expenses of $4,500 per month. There for commissions and other expenses. The amount would be $ per month. More info d. A depreciation expense of $3,500 is recognized each month. There for depreciation expense. The amount would be S e. Aqua Crisp declares $101,000 in dividends to shareholders of record as of September 14. There for the declaration of dividends to shareholders. The amount would be $. f. The payment date for the dividends declared in Parte is September 30. There when the dividend payment date is September 30. The amount would be $. a. The company expenses $5,000 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 7,200 cases of water in August and 9,300 in September. Each case sells for $20. Cash sales average 30% of total sales, and credit sales make up the rest. 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 $4,500 per month. d. A depreciation expense of $3,500 is recognized each month. e. Aqua Crisp declares $101.000 in dividends to shareholders of record as of September 14. f. The payment date for the dividends declared in Parteis September 30. Print Done

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