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I figured out A, B, and D but I'm stuck on how to find Part C? Budgeting Cash Flow The following various elements relate to

I figured out A, B, and D but I'm stuck on how to find Part C?

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Budgeting Cash Flow The following various elements relate to Whiteld. |nc.'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 $30 each. unit sales are 5.000 and 6,000 for March and April, respectively. Total sales are typically 40% 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. March sales 5 63.000 a! April cash sales 72.000 of April credit sales 32.400 V Cash collected in April 5 157-400 'I b. Merchandise purchases were $47,000 and $80,000 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 month. March purchases 5 37,600 V April purchases 15.200 V Cash paid in April 5 52300 V c. Fixed administrative expenses. which total 513.000 per month. are paid in the month incurred. Variable administrative expenses amount to 20% of total monthly sales revenue. one-half of which is paid in the month incurred, with the balance paid in the following month. April xed expenses 5 0 )1 March variable expenses 0 X April variable expenses 0 8 Cash paid in April 5 0 X d. A store asset originally costing $10,000. on which $6.000 depreciation has been taken. is soid for cash at a loss of $400. 5 3.600 V

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