QUESTION 17 Phine has budgeted several August Selber October $155.000 5145.000 $90.000 Credits 90.000 Causas 275.000 205.000 $245.000 Total $420.000 i 5295.000 Past experience indicate that of the credits will be collected in the month of sale and the remaining 35% will be collected in the following month Purchases of inventory are all on credit and 60 paid in the month of purchase and 40% in the month following purchase. Budgeted inventory purchases and August $300,000 September 240.000 October 105,000 Juy credit sales were $170.000, and July inventory purchases were $360,000 Instructions Prepare a schedule. (IN GOOD FORM), which shows expected payments for inventory purchases for the months of August through October Be sure all computations are clearly provided For the toolbar, pross ALTFTOP or ALTEN.F10 (Mac) B TV Paragraph Arial 140x I. HII 11! P Cho Se and submit to some and mit Clio Se All Arts for save all answers Sa MacBook Air 7 5