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thank you in advance! Planet of the Vapes' actual and budgeted sales information for January, February, and March are as follows: January_(Actual). February_(Budgeted) March (Budgeted)

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Planet of the Vapes' actual and budgeted sales information for January, February, and March are as follows: January_(Actual). February_(Budgeted) March (Budgeted) Cash Sales $80,000 $100,000 $60,000 Credit Sales $240,000 $360,000 $180,000 Total Sales $320,000 $460,000 $240,000 10% of all sales made on credit are determined to be uncollectible. Of credit sales that are collectible, 50% are collected in the month of the sale and 50% is collected in the month following the sale. Inventory purchased, each month, are equal to 50% of the next month's projected total sales. All purchases of inventory are done on account with 25% paid in the month of purchase and the remainder paid in the month following the purchase. Required. What is Planet of the Vapes' budgeted cash collections in February from January's credit sales? Do not use $ signs in your answer. Round your answer to the nearest dollar. Required. What is Planet of the Vapes total budgeted cash receipts in March? Do not use $ signs in your answer. Round your answer to the nearest dollar. Required. What is Planet of the Vapes cash payments in February for inventory purchases? Do not use $ signs in your answer. Round your answer to the nearest dollar

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