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Cunneet termp rtant ( 9 (3' Q i http:/ewmnnenmheducatmn.cumw/mnnen htmt m 1} III\ 113 _ Week 7 Fmblems 0 saved Help 5mg in 5'..an Here are some Important gures from the budget of CorneH, Inc.. for the second quarter of 2017. epul Mny June 20 Cred): sales 5324, mm $304,000 $364,000 aotnts Creel: Purchase: 1:32, out: 155.cuu 180.000 Cash aasnnraexaenca Wages, canea, and expenaea 44, we 11.900 53.4w Interest: JJ,400 31,un H.400 E] Eqmpnenc pur=ha=es 84, out: 156,000 a eEook The company predicts that 5 percent of Its credit sates wilt never be CoHected, 40 percent of tls sales wul be coltected 1n the month of the sale, and the remarnlrlg 55 percent wrtr be corrected In the fal'owmg monlh Credit purchases will be paid tn the month rotrowmg H'rnt the purchase, In March 2017, credit sales were $194,000, arm credit purchases were $134,000. Usrng this Infurmauon, camplele the fortowmg cash am budget [Do not round inlermediale calculations.) Ann 1 May June thinning aaah balance 5 127, mm s 5 Were "CBS Ca:h 1:: cent: Caa'h cuneccmna Eran: creme :ale: Tutti) Cash avaname Cash namnraemenca Purchase: 5 s s Wages, taxes, and expense: Innexea: qunpmanc purenasea Tunal cash disbursemennn s s s Ending cash balance 5 S 5