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Based on the information below, find cash available at the end of January For your answer. Do not use the dollar sign, do not use
Based on the information below, find cash available at the end of January For your answer. Do not use the dollar sign, do not use decimals, periods or commas. Round to the next unit. UR Business is working on its budgets for the first quarter of 2022-January-March. The following are the estimated sales for that period with a beginning cash balance of $ 10,000. January February March Revenue $612.300 $736.470 $797.400 Cost of Sales $164.349 $167.936 $167.238 Commissions $173.158 $181.215 $177.957 Rent $15.000 $15.000 $15.000 Depreciation $35.000 $35.000 $35.000 The sales pattern is 8096 cash sales and 20% credit sales. Collections are done the next month. Monthly expenses are as follow: The cost of sales is 80% in the current month and the reminder paid in the following month. Commissions are with 70% of the money paid in the month of sale, and the balance being paid for accounts payable in the following month
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