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Paymore Products places orders for goods equal to 75% of its sales forecast in the next quarter which has been provided in the befow table.

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Paymore Products places orders for goods equal to 75% of its sales forecast in the next quarter which has been provided in the befow table. On average, one-third of sales are collected in the quarter that they are sold, and two-thirds are collected in the following quarter. Assume that sales in the last quarter of the previous year were $348. Also, two thirds of the quarter's orders are paid for in the current quarter and the remainder is paid in the following quarter. Assuming that Poymore's labor and administrative expenses are $77 per below table. Note: Do not round intermediate calculations

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