The following information applies to questions 52 and 53

The sales and raw materials purchases budgets of Lokim Limited are summarised as follows:

Month	January	February	March
Sales (units)	4,100	4,300	4,500
Sales ($)	49,200	51,600	54,000

Month	January	February	March
Purchases (kg)	2,700	2,900	3,100
Purchases ($)	21,600	24,650	26,350

Lokim collects 60% of accounts receivable in the month of sale, 37% in the following month, and 3% are expected to go bad. Customers who pay within the first month of sale receive a 1% discount. Lokim settles 50% of its accounts payable in the month of purchase, and the remainder in the following month.

Question 52 (2 marks):

Calculate the total amount of cash expected to be collected in February from receivables.

Question 53 (2 marks):

Calculate the total amount of cash expected to paid in February.