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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
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 $30,976 $71,033 $52,944 Purchases Cash Operating $5,101 $7,889 $9,705 Costs Cash paid for $1,865 $2,165 $3,767 new equipment Accounts Payable at End of $10,229 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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