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Sunland Corporationis projecting a cash balance of $34.800 in its December 31, 2021, balance sheet Sunland's schedule of expected collections from customers for the
Sunland Corporationis projecting a cash balance of $34.800 in its December 31, 2021, balance sheet Sunland's schedule of expected collections from customers for the first quarter of 2022 shows total collections of $214,600 The schedule of expected payments for direct materials for the first quarter of 2022 shows total payments of 549,580 Other information gathered for the first quarter of 2022 is sale of equipment $3,480, direct labor $81.200 manufacturing overhead $40,600 selling and administrative expenses $52.200 and purchase of securities $16.240 Sunlandwants to maintain a balance of at least $29,000 cash at the end of each quarter Prepare a cash budget for the best quarter SUNLAND CORPORATION Cash Budget be here to search
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