Winslkow Inc developed the following data for the month of December. 70% of credit sales are collected in the month of sale,15% in the following month, and 10% in the second month following the sale. 25% of the purchases are paid in the month of purchase and the remaining 75% in the following month. 100% of other expenses are paid in the month recorded.

1) Calculate the anticipated cash receipts from accounts receivable in the month of December

2) Calculate the anticipated total cash available for all sources in the month of December.

3) Calculate the anticipated cash payments for purchases in the month of December.

4) Calculate the anticipated cash payments for other expenses in the month of December.

5) Calculate the anticipated cash balance at the end of December.

$ 61,500 300,000 200,000 150,000 250,000 Cash balance, December 1st Cash sales in December Credit sales for the month of: October November December Purchases for the month of: November December Other expenses in December: Salaries Utilities Depreciation 225,000 200,000 162,500 16,500 50,000