sales for July, August, September are expected to be 200,000, 180,000, 220,000 respectively, for castro company, all sales are on account (terms 2/15, net 30 days) and are collected 50% in the month of the sale and 40% in the following month. One half off all sales discounts are taken on the average. Raw materials are purchased one month before being needed and all purchases and expenses are paid for as incurred. activities for the quarter are