Bentson Corporation, a wholesaler, provided the following information: Month January February March April May Merchandise Purchases $142,000 148,000 136,000 154,000 160,000 Sales $172,000 166,000 165,000 178,000 166,000 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 Bentson Corporation, a wholesaler, provided the following information: Month January February March April May Merchandise Purchases $142,000 148,000 136,000 154,000 160,000 Sales $172,000 166,000 165,000 178,000 166,000 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