Question 4 10 points Sunny Corporation expect to the fofowing balances on juy 1, 2020 Cash 13.000 Accounts recent 36.000 and Accounts payable $100.000 its budgeted sales, merchandise parchand various es for the better follow Asteptember 120.000 100.000 130.000 Merchandise Durchase 210.000 0.000 230.000 Payroltert and other penses 96.000 47000 5:00 90% of the sales relor cash. Of the remaining credit les 10% are collected in the same monastere collected the month following the sale incurred in the payroll rotander wees of deprecen Nimerchandise in purchased on credit of the best in the month of the purchased teost is paid in the month following the purchine Alther can expenses are paid in the month the optimum chance 16000. if cash fals below 140.000 the comportano bove $10.06. the congress has possible on any outstanding of credit but does not allow cash below 10.000. On y terbuceta 10.000 of credit has a soba Cumpte elanures to protection as an amount or do you wereoared to wted. Now we cheduled below the content that wil heed to become Tenute precios Cal del Jy 330.000 Sept Loan balance end of month Schedule to Calculate Cash Sales and Credit Sales July August Cash September Credit des Total Sales Catheri July August September Account totivable credit sales credt Total throps Cash payments for Merchandise Purchases wy A September and purcha de putheses