Northern Industries provided the following sales information for the month of March: February March Actual Budget Cash sales $ 25,350.00 $ 23,400.00 Credit sales 143,650.00 171,600.00 Total sales $169,000.00 $195,000.00 For credit sales, the collection pattern is as follows: Month of sales 40% Month following sales 56% Based on past experience, the company estimates the remaining credit sales are uncollectible. Inventory purchases average 90% of current month's total sales. Payments for inventory are made as follows: Month of purchase 20% Month following purchase 80% Other expenses are as follows: 4 17 Salaries and benefits per month $ Rent and insurance per month $ Office supplies per month $ Payroll tax per quarter to be paid in March $ Depreciation expenses per month $ March 1 cash balance is $2,304.00. 8,874.00 3,060.00 4,420.00 765.00 1,275.00 Month following sales 56% Based on past experience, the company estimates the remaining credit sales are uncollectible. Inventory purchases average 90% of current month's total sales. Payments for inventory are made as follows: Month of purchase 20% Month following purchase 80% Other expenses are as follows: Salaries and benefits per month $ Rent and insurance per month $ Office supplies per month $ Payroll tax per quarter to be paid in March $ Depreciation expenses per month $ March 1 cash balance is $2,304.00. 8,874.00 3,060.00 4,420.00 765.00 1,275.00 Prepare a cash budget for the month of March. Question 8 (2 points) What is the budgeted cash receipts for the month of October? A/ Question 9 (2 points) Question 8 (2 points) What is the budgeted cash receipts for the month of October? A/ Question 9 (2 points) What is the budgeted cash disbursements for inventory purchases for the month of March? Question 10 (2 points) What is the budgeted cash disbursements for other expenses for the month of March? A Question 11 (1 point) What is the ending cash balance in the cash budget for the month of March