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Gillstrap Promotions has projected the following values for the next three months: January $352,000 Sales February $379,000 March $410,491 $218,000 $240,000 $260,000 $88,000 $91,000 $94,000

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Gillstrap Promotions has projected the following values for the next three months: January $352,000 Sales February $379,000 March $410,491 $218,000 $240,000 $260,000 $88,000 $91,000 $94,000 Purchases on Trade Credit Cash Expenses Taxes, interest, and dividends Capital Expenditures $18,000 $20,000 $41,000 $50,000 0 $25,000 All sales are credit sales with 40% collected in the month of sale, 50% collected the following month, and the remainder collected in the second month after the sale. Credit purchases are paid in 30 days and all other items require immediate payment. Compute the net cash inflow for March. 1

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