The controller is waiting on Metlock's budgeted cash disbursements so the cash budget can be wrapped up for next month, but Metlock has just received the DM purchases budget from production. That budget shows DM purchases of \$70,700 in March and $77,800 in April. Metlock generally pays 30% of these purchases in the month of purchase, with the remainder paid the next month. How much should Metlock budget for cash disbursements for the month of April? What is the budgeted balance of A/P going into May? Total cash disbursements A/P balance at end of April $ Windsor needs to calculate the company's expected cash receipts for the upcoming month to determine whether additional financing is needed. Typically, the company's sales consist of 40% cash sales and 60% credit sales. Of the credit sales, 55% are collected in the same month, and 42% are collected in the following month. The remainder is generally uncollected. Total budgeted sales in June are $147,000 and in July are $137,000. What amount of total cash receipts would Windsor expect to collect in July? Total cash receipts $