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The following data are from the budget of Ritewell Publishers. Half the company s sales are transacted on a cash basis. The other half are

The following data are from the budget of Ritewell Publishers. Half the companys sales are transacted on a cash basis. The other half are paid for with a 1-month delay. The company pays all of its credit purchases with a 1-month delay. Credit purchases in January were $30, and total sales in January were $180.
February March April
Total sales $ 200 $ 220 $ 180
Cash purchases 708060
Credit purchases 403040
Labor and administrative purchases 303030
Taxes, interest, and dividends 101010
Capital expenditures 10000
Complete the following cash budget.\table[[,February,March,April],[Sources of cash,,,],[Collections on current sales,,,],[Collections on amounts receivable,,,],[Total sources of cash,,,],[Uses of cash,,,],[Payments of accounts payable,,,],[Cash purchases,,,],[Labor and administrative expenses,,,],[Capital expenditures,,,],[Taxes, interest, and dividends,,,],[Total uses of cash,,,]]
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