The Willsey Merchandise Company has budgeted $40,000 in sales for the month of December. The company's cost of goods sold is 30% of sales. Required: If the company has budgeted to purchase $18,000 in merchandise during December, then what is the budgeted change in inventory levels over the month of December? Shown below is the sales forecast for Cooper Inc. for the first four months of the coming year. Jan Feb Mar Apr Cash sales.............. $15,000 $24,000 $18,000 $14,000 Credit sales............ $100,000 $120,000 $90,000 $70,000 On average, 50% of credit sales are paid for in the month of the sale, 30% in the month following sale, and the remainder are paid two months after the month of the sale. Required: Assuming there are no bad debts, what is the expected cash inflow in March