Martin Clothing Company is a retail company that sells hiking and other outdoor gear specially made for the desert heat. It sells to individuals as well as local companies that coordinate adventure getaways in the desert for tourists. The following information is available for several months of the current year:

Month	Sales		Purchases		Cash Expenses Paid
May	$	96,000	$	70,000	$	19,000
June		121,000		87,000		24,000
July		133,000		117,000		33,500
August		127,000		72,000		33,600

The majority of Martins sales (65 percent) are cash, but a few of the excursion companies purchase on credit. Of the credit sales, 40 percent are collected in the month of sale and 60 percent are collected in the following month. All of Martins purchases are on account with 55 percent paid in the month of purchase and 45 percent paid the following month.

Required:
1.	Determine budgeted cash collections for July and August.
	Budgeted Cash Collections- July: August:

2.	Determine budgeted cash payments for July and August.
	Budgeted Cash Payments- July: August: