Exercise 10-12. Runner Retailers expects credit sales in the next quarter as follows: April $86,400 May 96,800 June 102,000 Prior experience has shown that 66 percent of a month's sales are collected in the month of sale, 20 percent are collected in the month following sale, and the remaining 14 percent are collected in the second month following sale. February and March sales were $89,500 and $110,000, respectively. Estimate budgeted cash receipts for April, May, and June. Enter your answers as amounts only with neither commas nor decimals. April May June ta ta $ Cash Collections Exercise 10-13. Bellevue Retailers expects to make inventory purchases in the next quarter as follows: April May $52,400 63,000 June 87,400 Prior experience has shown that 80 percent of a month's purchases are paid in the month of purchase and 20 percent are paid in the month following purchase. March purchases were $45,300. Estimate cash disbursements related to purchases for April, May, and June. Enter your answers as amounts only with neither commas nor decimals. April May June TA $ $ Budgeted 87220 payments 60880 82520