Starting from next month, which is April, Mystro Corporation has projected constant monthly Sales of $8,000 until the end of the year. It is expected that 35% of its customers will be paying in the same month and hence availing a discount of 4%, while the remaining will be paying in the next month without receiving any discount. The company's purchases in any month are constant and represent 30% of the same forecasted monthly Sales. Also, all other payments are constant and represent 40% of the same forecasted monthly Sales. The current cash on hand (on April 1) is $3,000, and the company monthly target cash balance is $4,000.

17) What is the value of Collections for the month of June? *

5 points

$2,688

$7,888

$8,000

$5,600

18) What is the value of the Net Cashflow for the month of May? *

5 points

-$2,912

$4,664

$2,376

$2,288

19) What is the Surplus or Deficit value for the month of April? *

5 points

$4,664 Surplus

$1,624 Deficit

$3,912 Deficit

$664 Surplus