Landon Guitars, Inc. made $7,500 in sales and $2.840 in purchases in September and $10,000 in sales and 53.132 in punches in October The majority of Landon's sales (80%) are made in cash and the remaining 20% are on credit. Of the credit cales, 50% are collected the month sale and 50% are collected in the following month. All of Landon's purchases are on account with 70% paid in the month of purchase and 30% paid in the following month What are Landon's Budgeted Cash Receipts for October What are Landon's Budgeted Cash Payments for Purchases for October? $2.192.40 404