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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

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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 the cash receipts budget for November? September October November December $33089 $70482 $50398 Purchases Cash Operating Costs $5420 $7903 $9882 Cash paid for new equipment $1373 $2195 $3502 Accounts Payable at End of $13661 Month Purchases are paid for as follows: In Month of Purchase 60% In Month After Purchase 40%

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