$10)$ Splish State sells electronic products. The controller is responsible for preparing the master budget

and has accumulated the information below for the months of January, February, and March.

Balances at January $1$ are expected to be as follows:

Cash $$6,490$

Inventories $$365,100$

Accounts receivable $491,000$

Accounts payable $157,000$

The budget is to be based on the following assumptions:

$1.$ Each month$$s sales are billed on the last day ofthe month.

$2.$ Customers are allowed a $3\%$ discount iftheir payment is made within $10$ days after the

billing date. Receivables are booked at gross.

$3.$ The company collects $60\%$ ofthe billings within the discount period, $25\%$ by the end ofthe

month after the date of sale, and $9\%$ by the end ofthe second month after the date of sale;

$6\%$ prove uncollectible.

$4.$ It pays $54\%$ of all materials purchases and the selling, general, and administrative expenses

in the month purchased and the remainder in the following month. Each month$$s units of

ending inventory are equalto $130\%$ ofthe next month$$s units of sales.

$5.$ The cost of each unit ofinventory is $$20.$

$6.$ Selling, general, and administrative expenses, of which $$2,400$ is for depreciation, are equal

to $15\%$ ofthe current month$$s sales.

$7.$ Actual and projected sales are as follows:

November $417,00013,900$

December $429,00014,300$

January $420,00014,000$

February $405,00013,500$

March $426,00014,200$

April $432,00014,400$

A$)$ Calculate the budgeted cash disbursements during the month of February.

Total cash disbursements for February $

B$)$ Calculate the budgeted cash disbursements during the month of January.

Total cash disbursements for January $