West Corporation started its business on June 1 , and has budgeted for the following sales: Sales are collected as follows: \( 30 \% \) in the month of sale; \( 50 \% \) in the month following the sale; and the remaining \( 20 \% \) in the second month following the sale. West Corporation has \( \$ 0 \) in Accounts Receivable as of May 31. What amount is in Accounts Receivable as of August 31? (Remember, Accounts Receivable is the amount that has already been soid, but for which the cash is expected to be collected in the future.) \( \$ 32,000 \) \( \$ 39.900 \) \( \$ 71,500 \) \( \$ 36,400 \) \( \$ 8,400 \) \( \$ 33,400 \) \( \$ 49,000 \) Anita Corporation is a merchandising company that only makes one type of necklace. - They sell the necklace at a price of \( \$ 100 \) per unit. - The budgeted sales for the \( 3^{\text {rd }} \) quarter is 8,000 units. - The variable selling and administrative expense is \( \$ 30 \) per necklace. - The fixed selling and administrative expense for the \( 3^{\text {rd }} \) quarter is \( \$ 400,000 \), including \$120,000 depreciation expense. What is the total cash disbursement for selling and administrative expenses for the \( 3^{\text {rd }} \) quarter? \( \$ 760.000 \) \( \$ 640,000 \) \( \$ 400,000 \) \( \$ 240,000 \) \( \$ 520,000 \) \( \$ 280,000 \)