The financial analyst for Sportif, Inc. has compiled sales and dispursement estimates for the coming months of January through May. Historically 75% of sales are for cash with the remaining 25% collected in the following month. The ending cash balance in January is $3000. The financial analyst for Sportif, Inc. has compiled sales and disbursement estimates for the coming months of January through May. Historically 75% of sales are for cash with the remaining 25% collected in the following month. The ending cash balance in January is $3000.

Month Sportif, Inc. Disbursements Sales January February March April May $5,000 6,000 10,000 10,000 10,000 $6,000 $7,000 $4,000 $5,000 $5,000 The ending cash balance for February is (See Table 4.3) OA, $2,500 OB. $1,750 O C. $1,000 O D. $750 Click to select your answer Save for Later 27