Cash Budget ample 6.5 tson 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 mers pay 60% of their balances in the month of sale, 30% in the month following sale, ar second month following sale. The company pays all invoices in the month following pu kes advantage of a 3% discount on all amounts due. Cash payments for operating exper will be OMR 119,500; Bentson's cash balance on May 1 was OMR 127.800. ed: Determine the following: pected cash collections during May. ected cash disbursements during May. ected cash balance on May 31