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Parson Corporation, a wholesaler, provided the following information: Help table [ [ Month , Merchandise, ] , [ table [ [ January ]

Parson Corporation, a wholesaler, provided the following information:
Help
\table[[Month,Merchandise,],[\table[[January],[February],[March],[April],[May]],\table[[Purchases],[162,000],[168,000],[156,000],[174,000],[180,000]],\table[[Sales],[212,000],[206,000],[205,000],[218,000],[206,000]]]]
Customers pay 65% of their balances in the month of sale, 25% in the month following sale, and 10% in the second month following sale. The company pays all invoices in the month following purchase and takes advantage of a 2% discount on all amounts due. Cash payments for operating expenses in May will be $129,500; Parson's cash balance on May 1 was $147,800.
Required:
A. Determine the expected cash collections during May.
B. Determine the expected cash disbursements during May.
C. Determine the expected cash balance on May 31.
\table[[,],[A.,Cash collections,],[B.,Cash disbursements,],[C.,Cash balance,]]
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