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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 payments budget for November? September October November December Purchases $30,576 $70,510 $45,059 Cash Operating Costs $4,750 $8,391 $10,380 Cash paid for new equipment $1,441 $2,519 $3,470 Accounts Payable at End $12,683 of Month 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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