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Crane Company is preparing a cash payments budget. Below is a schedule of financial data that will be used to prepare the budget. What is

Crane Company is preparing a cash payments budget.

Below is a schedule of financial data that will be used to prepare the budget.

What is the cash receipts budget for November?

September

October

November

December

Purchases

$30139

$73417

$50131

Cash Operating Costs

$4638

$7952

$10164

Cash paid for new equipment

$1176

$2248

$3162

Accounts Payable at End of Month

$13108

Purchases are paid for as follows:

In Month of Purchase

60%

In Month After Purchase

40%

Enter your answer to the nearest whole dollar.

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