Clay Corporation has projected sales and production in units for the second quarter of the coming year as follows:

April May June

Sales 55,000 47,000 65,000

Production 62,500 52,500 52,500

Cash-related production costs are budgeted at $5.5 per unit produced. Of these production costs, 30% are paid in the month in which they are incurred and the balance in the following month. Selling and administrative expenses will amount to $150,000 per month. The accounts payable balance on March 31 totals $240,000, which will be paid in April. All units are sold on account for $14.5 each. Cash collections from sales are budgeted at 65% in the month of sale, 25% in the month following the month of sale, and the remaining 10% in the second month following the month of sale. Accounts receivable on April 1 totaled $555,000 ($95,000 from February's sales and $460,000 from March's sales).

Required:

a.. Make a schedule for each month showing budgeted cash disbursements for Clay Corporation.(Round your final answer to nearest whole dollar.)

b.Make a schedule for each month showing budgeted cash receipts for Clay Corporation.(Round your final answer to nearest whole dollar.)