Mast Corporation seeks your assistance in developing cash and other budget information for May, June, and July. At April 30, the company had cash of $11,000, accounts receivable of $874,000, inventories of $149,875, and accounts payable of $42,851. The budget is to be based on the following assumptions. Each month's sales are billed on the last day of the month. Customers are allowed a 2 percent discount if payment is made within 10 days after the billing date. Receivables are recorded in the accounts at their gross amounts (not net of discounts). . . . The billings are collected as follows: 70 percent within the discount period, 15 percent by the end of the month, and 12 percent by the end of the following month. Three percent is uncollectible Purchase data are as follows. . Of all purchases of merchandise and selling, general, and administrative expenses, 59 percent is paid in the month purchased and the remainder in the following month. The number of units in each month's ending inventory equals 125 percent of the nextmonth's units of sales. . The cost of each unit of inventory is $11. . Selling, general, and administrative expenses, of which $3,000 is depreciation, equal 20 percent of the current month's sales . Actual and projected sales follow March April May June July August Dollars Units $220,800 13,800 193,600 12,100 174,400 10,900 182,400 11,400 208,000 13,000 16,200 13,200 a. Compute the budgeted purchases in dollars for May. b. Compute the budgeted purchases in dollars for June. ases c. Compute the budgeted cash collections during May. (Do not round intermediate calculation Budgeted cash collections d. Compute the budgeted cash disbursements during June. (Do not round intermediate calcula Budgeted cash disbursements e. Compute the budgeted number of units of inventory to be purchased during July. Budgeted number of units