Information pertaining to Yekstop Corp's sales revenue is presented below Cash sales Credit sales Total sales $96,000 288,00 $384,000 December $125,000 450,000 $575,000 $78,000 234000 312,000 Management estimates that 4% of credit sales are eventually uncollectible Of the collectible credit sales, 65% are likely to be month of sale. The company desires to begin each month with an inventory equal to 75% of the sales projected for the month of purchase, and the remainder paid in the month following the month of purchase Purchase costs are approximately 60% ofthe month All purcha Total budgeted cash collections in January by Yekstop Corp. are: O $556,512 O $375,216 O $421728 o $464,006 $502568