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Gillstrap Promotions has projected the following values for the next three months: March January $352,000 February $379,000 Sales $447,940 Purchases on Trade Credit $218,000 $240,000

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Gillstrap Promotions has projected the following values for the next three months: March January $352,000 February $379,000 Sales $447,940 Purchases on Trade Credit $218,000 $240,000 $260,000 $91,000 $94,000 Cash Expenses $88,000 Taxes, interest, $18,000 and dividends $20,000 $41,000 Capital Expenditures $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

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