E8-4 (Algo) Calculating Unknowns Based on Production, Sales, Beginning and Ending Inventory Values (LO 8-3b) Complete the following table: (Enter all values as positive values.) Production NUMBER OF UNITS Sales Ending Inventory 675 175 Beginning Inventory 75 625 100 115 880 670 85 975 1,125 170 675 180 160 790 770 255 E8-17 (Algo) Calculating Cash Receipts [LO 8-4] McFarland Company makes 65 percent of its sales in cash. Credit sales are collected as follows: 65 percent in the month of sale and 35 percent in the month following the sale. McFarland's budgeted sales for upcoming months follow: June July August September $ 22,600 26,000 24,000 22,000 Required: Compute McFarland's expected cash receipts for August. Budgeted Cash Receipts