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One-half of sales are cash sales and one-half of sales are credit sales. The company collects cash from credit sales over two months (30% in the month of sale, and 70% in the month following sale). During September, the company's expected cash collections from sales are how much? $ _____ Use the same information given in the above question. At the end of September, the company's Accounts receivable will have a balance of what amount? $ _____ Parliman Corporation is preparing its cash budget for August. a. The budgeted beginning cash balance is $12,000. b. Budgeted cash receipts from sales total $159,000. c. Budgeted cash disbursements for inventory purchases total 120,000 d. Operating expenses are $30,000. Of this amount depreciation is $5,000. e. Equipment will be purchased for $20,000 cash f. The ending cash balance should be $20,000 at a minimum. Determine the minimum amount of borrowing needed. $_____