PR $9-34($Static$)$ Relationships of the Master$-$Budget Components $($LO $9-3,9-5,9-6)$

Badlands Incorporated manufactures a household fan that sells for $$40$ per unit. All sales are on account, with $40$ percent of sales collected in the month of sale and $60$ percent collected in the following month. The data that follow were extracted from the company's accounting records.

Badlands maintains a minimum cash balance of $$30,000.$ Total payments in January $201$ are budgeted at $$390,000.$

A schedule of cash collections for January and February of $201$ revealed the following receipts for the period:

$\backslash$table$[[,$Cash,ipts$],[,$January,February$],[\backslash$table$[[$From December $31$ accounts receivable$],[$From January sales$]],\backslash$table$[[$$$216,000$