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i just need detail solution for question 18. Larch sells baked goods products in baked goods products in Omaha, NE Data e la regarding the

i just need detail solution for question 18. image text in transcribed
Larch sells baked goods products in baked goods products in Omaha, NE Data e la regarding the stores operations follow: * January 540000 November December S410,000 $375.000 275,00 420 22500 z 287oou 410 pou 246ow 5040 70% 25 Sales budget Collection schedule Month of sale Next month 2794 396 Uncollectible The cost of goods sold is 6096 of sales. Other monthly expenses to be paid in cash are $25 Monthly depreciation is $15,000. Inventory purchase policy is to maintain 2006 of 60% of the purchase is paid for in the Larch declared a special dividend of Larch's Account Payable balance as of November 1 is 563,000. 291,00 270 aintain 20% of the moth's as the ending inventory in the month of purchase the remainder is paid in the following month entory 49260 27010 29180 ... z 30you November 5 to be paid on Nov. 40V fed a special dividend of $10.000 16 Net income for November would be: A. $ 101,700 B. $ 111,700 C. $ 126.700 S 124.00 E. None of the above 26 110,rou 262,500 11,250 410,oo 164,00 139,000 41000 375,00 420 750w shout 48500 459,00 9200 15000 Yogou 384, ow 344 161,200 239400 17 The total cash disbursement for inventory purchases in December would be: A $ 138,240 4101000x 6 B S _22000 R Oct $ 234,960 Nov Dec D. x. 9 $ 241,800 407. E. None of the above 98,400 395,60 375,000x. 6x6=135,000 11250 16 What is the total amount of cash disbursements in December? Contrary to your answr for Q17, assume the disbursement for purchases in December is $240,000. A. $ 190.000 B. $240.000 240,oo 1611 C. $ 205,000 D. $ 215,000 E. None of the above - Nov Dec 230 161 ti6l, no 144,00 96720 Glow is 9670 .y pec 27700 Jan ABO

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