E BusinessCourse Budgeting Cash Flow The following various elements relate to Whitfield, Inc.'s cash budget for April of the current year. For each item, determine the amount of cash that Whitfield should receive or pay in April. a. At $28 each, unit sales are 5.000 and 6.000 for March and April, respectively. Total sales are typically40% for cash and 60% on credit: 30% of credit sales are collected in the month of sale, with the balance collected in the following month. Uncollectible accounts are negligible. 67.200 April cash sales April credit sales 0 X Cash collected in April b. Merchandise purchases were $45,000 and $78,000 for March and April, respectively. Typically, 20% of total purchases are paid for in the month of purchase with a 5% cash discount. The balance of purchases is paid for (without discount) in the following March purchases s o X 0 X April purchases 0 X Cash paid in April administrative expenses, which total s11,000 per month, are paid in the month incurred. Variable administrative expenses 20% of total monthly sales revenue, one-half of which is paid in the month incurred, with the balance paid amount to Finish attempt