Smoothys collects cash from sales as follows: 40% in the month of sale, 35% in the month following the sale, and 25% two months after the sale. Purchases of raw materials are 60% of expected sales. Purchases are made one month in advance, and suppliers are paid 50% in the month of purchase and 50% the following month. Smoothys has SG&A expenses of $4,000 per month, bank fees are $100 per month, and taxes are $500 per month. Smoothys cash balance at the end of January is forecast to be $2,950. Smoothys December sales and forecasted sales for the new year are shown in the table. Use this information to answer the questions that follow.

Smoothy's Sales Forecast
Month	Sales
December	$13,000
January	$10,000
February	$15,000
March	$20,000
April	$26,000

PART 1

What are total cash inflows in February?

Question 2

PART 2

What are total cash outflows in March?

Question 3

PART 3

What is the cash balance at the end of March?

$