Question 13 The following data have been taken from the badest reports shown Purchases Sales January $160.000 $100.000 February $160.000 $200.000 March $160.000 $240.000 April $140.000 $300.000 May $140.000 $260.000 June $120.000 $240.000 Forty percent of purchases are paid for in cash at the time of purchase and 20% are paid for in zacht the cotton Purchases for the previous November and December were $150.000 per month for was lere et les tube month in which the sales occur. Selling and administrative expenses e 20% of the following mestissies. Dhe set budgeted to be $220,000) Interest payments of $20.000 are paid Quarterly in barwary and April. Cal tentate month of April would be $140.000 $200.000 $248.000 $254.000 MacBook Price Previous