The Most Brilliant Professor Mullen Company's past experience indicates that 60% of its credit sales are collected in the month of sale, 30% in the next month, and 5% in the second month alter the sale; the remainder (5%) is never collected. Budgeted credit sales were: January $240,000 February 144,000 March 360,000 The cash inflow (CRJ) in the month of March is expected to be $271, 200. $205, 200. $216,000. $259, 200. Which one of the following items would never appear on Professor Mullen's Cash budget ? Office salaries expense Interest expense Depreciation expense Travel expense Lao Shu Bruce Company's direct materials budget shows total cost of direct materials purchases for January $125,000, February $150,000 and March $175,000. Cash payments are 60% in the month of purchase and 40% in the following month. The budgeted cash payments (CDJ) for March are $165,000. $160,000. $150,000. $130,000