The following warious elements relate to Whitfield, inc s cash budget for Aprif of the current year, for each inem, determine the amount of cash that Whatlield thould recelive or ony in Aprit. collected in the month of sale, with the balance collected in the following month. Uncoliectible accounts are negigble: b. Merchandise purchases were $50,000 and $83,000 for Marchand Apri, respectvely, Typically, 20 W of tocal purchases are paid for in the month of purchase with a 5% cash discount. The balance of purchases is paid for (without discount in the following month. C. Fixed administrative expenses, which total 516,000 per month, are pald in the month incurred. Varlablt administrative expenses amount to 20% of total monthly sales revenue, one-half of which is paid in the manth incurred, with the tatisct paid in the follawins month. d. A store asset originally costing $13,000, on which $6,000 depreciation has been Laken, is sold for cash at a loss of 4900