Austs paybe 79,500 TES 582 accountants have made the towing estimates 1. Sales for April May June, and July wil be $260,000, $280,000 $270,000, and $290,000, respectively 2. All sales are on credit, tech month's credit sales are collected 35% in the month of sale and 65% in the month folowing the sale All of the accounts receiv 3. Each month's ending inventory must equal 25% of next month's cost of goods sokt. The cost of goods sold is 70% of seies. The company pays for 40% of 60% at March 21 will be cocted Ap onth Ratowing the purchase. All of the accounts payable at March 31 are reseed to previous merchandise purchases and will be paid in Apr 4. Monthly selling and administrative expenses are always $48.000. Each month $5,000 of this total amount is depreciation expense and the remaining $43.000 is spent for expenses that are p 5. The company will not borrow money or pay or declare dividends during the 2nd quarter. The company will not issue any common stock or repurchase its own stock during the 2nd How much is the company's expected cash disbursement for merchandise in the month of Apri Mupe Choce O $76.000 $74.200 $111.300 Required information TES-582 Inc. is a retaler. Its accountants are preparing the company's 2nd quarter master budget. The company has the following balance sheet as of March 3 Aces Cast Accounts a Tentory Total 5,500 Liabilities and Stachelders Equity Common stock Retained earnings Total lialities and stacinalder 37,000 79,500 TES-582 accountants have made the following estimates 1. Sales for April, May, June, and July will be $260,000 $280,000 $270,000, and $290,000, respectively 2. All sales are on credit Each month's credit sales are colected 35% in the month of sale and 66% in the month following the sale. All of the accounts receivable at March 31 will be colected in Apr 3. Each month's ending inventory mat equa 25% of next month's cost of goods sold. The cost of goods sold is 70% of sales. The company pays for 40% of its merchandise purchases in 60% in the month following the purchase All of the accounts payable at March 31 are related to previous merchandise purchases and wit be paid in April 4. Monthly selling and administrative expenses are always $48,000. Each month $5,000 of this total amount is depreciation expense and the remaining $43.000 a spent for expenses that c 5. The company will not bonow money or pay or declare dividends during the 2nd quarter The company will not issue any common stock or repurchase its own stock dung the 2nd quarte How much in the company's expected cash disbursement for merchandise in the month of Apr the purchase and the ring paid in the math they are ured 1 di wil be collected in Apri month of the purchase and the remaining wg the purchase. All of the accounts payable at March 31 are related to previous merchandise purchases and will be paid in April 0005 sold is 70% of sales The company pays for 40% of its merchandise purchases w 4. Monthly selling and administrative expenses are always $48.000 Each month $5,000 of this total emount depreciation expense and the remaining $43.000 spent for expenses ut are p 5. The company will not borrow money or pay or declare dividends during the 2nd quarter. The company will not sue any common stock or repurchase its own stock during the 2nd quarter How much is the company's expected cash disbursement for merchandise in the moth of Apri the month they are incomed Multiple-Chice 07.000 $74300 1300 $0.200