The following information pertains to the January operating budget for Kens Corporation.

? Budgeted sales for January $200,000 and February $100,000.

? Collections for sales are 60% in the month of sale and 40% the next month.

? Gross margin is 30% of sales.

? Administrative costs are $10,000 each month.

? Beginning accounts receivable is $20,000.

? Beginning inventory is $14,000.

? Beginning accounts payable is $65,000. (All from inventory purchases.)

? Purchases are paid in full the following month.

? Desired ending inventory is 20% of next month's cost of goods sold (COGS).

A) For January, budgeted cash collections are ________.

B) At the end of January, budgeted accounts receivable is ________.

C) For January, budgeted cost of goods sold is ________ .

D) For January, budgeted net income is ________.

E) At the end of January, budgeted ending inventory is ________.