The Chateau Company has planned the following sales for the next three more January . February March Budgeted Sales $40.000 $50,000 570.000 From past experience, the company has learned that 20% of sales are cash and recordOndan month following sale. Beginning cash is zero. February January $35.000 Budgeted merchandise purchases and budgeted expenses for the first quarter are ger beow 534.000 5000 4000 Merchandise purchases 3000 Salaries and wages 8000 Advertising Rent payments Depreciation 2.000 Purchases are paid in the following month rent ispadaniyatine depan Calculate the gross margin to be shown on the monthly statement of profit or less budget for January February show power TT Paragraph Anal 3/200..... ng