Conner Company is a medium-sized toy distributor. Experience has shown that 30 of sales are collected within the month of sale.com is collected the mom alter the sale and 100 s collected two months after the sale Uncollectible accounts are negligible. Budgeted amounts are as follows March Apel May June July Aucus Saits 310.000 $20,000 $30.000 $40.000 $50.000 540.000 Cash receipts for the month of May are expected to be 530.000 521.000 529.000 $22.000 Dekalb Market, a retail establishment, expects to sell $200,000 of a particular item in December, its gross profit percentage is com The beginning inventory of this item cost $24.000 and the company wants an ending inventory of $30,000. What is the dollar amount of inventory that needs to be purchased 500.000 574.000 588,000 580,000