Metlock State sells electronic products. The controller is responsible for preparing the master budget and has accumulated the information below for the months of January, February, and March.

Balances at January 1 are expected to be as follows:

Cash $6710

Inventories $377,500

Accounts receivable $507,600

Accounts payable $162,300

The budget is to be based on the following assumptions:

1. Each months sales are billed on the last day of the month.

2. Customers are allowed a 3% discount if their payment is made within 10 days after the billing date. Receivables are booked at gross.

3. The company collects 60% of the billings within the discount period, 25% by the end of the month after the date of sale, and 9% by the end of the second month after the date of sale; 6% prove uncollectible.

4. It pays 54% of all materials purchases and the selling, general, and administrative expenses in the month purchased and the remainder in the following month. Each months units of ending inventory are equal to 130% of the next months units of sales.

5. The cost of each unit of inventory is $20.

6. Selling, general, and administrative expenses, of which $2,400 is for depreciation, are equal to 15% of the current months sales.

7. Actual and projected sales are as follows:

Month, Sales, Units

November $432,000 14,400

December $444,000 14,800

January $435,000 14,500

February $417,000 13,900

March $438,000 14,600

April $447,000 14,900

1. Calculate the budgeted cash disbursements during the month of February.

2. Calculate the budgeted cash collection during the month of January

3. Calculated budgeted number of units of inventory to be purchased during the month of March