Information pertaining to Sugarland's sales revenue is presented in the following table:

	February	March	April
Cash sales	$ 160,000	$ 150,000	$ 120,000
Credit sales	300,000	400,000	280,000
Total sales	$ 460,000	$ 550,000	$ 400,000

Management estimates that 5% of credit sales are not collectible. Of the credit sales that are collectible, 60% are collected in the month of sale and the remainder in the month following the sale. Cost of purchases of inventory each month is 70% of the next month's projected total sales. All purchases of inventory are on account; 25% are paid in the month of purchase, and the remainder is paid in the month following the purchase.

Required:

1. Calculate Sugarland's budgeted total cash receipts in March.

2. Calculate Sugarland's budgeted total cash receipts in April.

3. Calculate Sugarland's budgeted total cash payments in February for inventory purchases.

4. Calculate Sugarland's budgeted total cash payments in March for inventory purchases.