QUESTION 1 Information pertaining to zz co sales revenue is presented in the following the February March Apr $160,000 Cash sales Credit sales Total sales $150.000 400.000 550.000 $120,000 280.60 420.000 5460.000 60% of the credit sales are collected in the month of sale and the remainder in the month following the Cost of us of yeah month are 70% of the next month's projected total sales All purchases of inventory on wrot 25in the mood the remainder is paid in the month following the purchase Budgeted total cash receipts in Aprilaren 2.5437,000 5431,600 5448,000 5328.000