the answer to an earler item, (Round your answers to the nearest whole dollar) (Cick the icon to vew the sems) a. Managemant expects to sel equipment that cost $22,000 at a gain of $4,000. Accumulated depreciabon on this equipment is $0,000. a. The amount of cash rececis the compary will budoet for the saie of the equipment is b. Management expecis to set 7.000 cases of water in August and 9.400 cales in Septenber. Fach case sells for $12. Cash sales average 20\% of total sales. and eredt sales make vo the rest. Thee-fourths of crect saves are collected in the morth of sale, with the balance colected the following moner. b. The amount of cash recoipla the company will budget for the colection of sale revenuen is: c. The company pays rent and property taxes of $3,800 each month. Commissions and other seling expenses average 30% of sales. Agua pie pays one-hay of commissions and other seiling expenses in the morth incurred, with the balance paid the following month. c. The amount of cash payments foe toeal expenses tho company wai budget for September is More info a. Management expects to sell equipment that cost $22,000 at a gain of $4,000. Accumulated depreciation on this equipment is $9,000. b. Management expects to sell 7,900 cases of water in August and 9,400 cases in September. Each case sells for $12. Cash sales average 20% of total sales, and credit sales make up the rest. Three-fourths of credit sales are collected in the month of sale, with the balance collected the following month. c. The company pays rent and property taxes of $3,800 each month. Commissions and other selling expenses average 30% of sales. Agua Ole pays one-half of commissions and other selling expenses in the month incurred, with the balance paid the following month