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Marigold, Inc, reports all its sales on credit, and pays operating costs in the month incurred. Amounts for 2022 are: - Customer amounts on account

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Marigold, Inc, reports all its sales on credit, and pays operating costs in the month incurred. Amounts for 2022 are: - Customer amounts on account are collected 75% in the month of sale and 25% in the following month. - Cost of goods sold is 70% of sales. - Marigold purchases and pays for merchandise 30% in the month of acquisition and 70% in the following month. - Operating expenses are: Salaries, $50900; Depreciation, $11800; Rent, $15800; and Utilities, $14000. - Accounts payable is used only for inventory acquisitions. How much cash will Marigold receive during May from customers? $310125$312825$240300$297675

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