Homework after clos Help Save & E Sub Information pertaning to Yekstop Corp's sales revenue is presented below. Cash Sales Credit sales Total sales Novenber December January $ 96,000 5 125.60 $ 78,000 288,000 450,000 234.ee $ 384,000 $575,000 $ 312,000 Management estimates that 4% of credit sales ore eventually uncollectible of the collectible credit sales, 65% are likely to be collected in the month of sale and the remainder in the month following the month of sole. The company destres to begin each month with an inventory equal to 75% of the sales projected for the month. All purchases of inventory are on open account: 30% wit be paid in the month of purchase and the remainder paid in the month following the month of purchase. Purchase costs are approximately 60% of the selling prices Budgeted January Cash payments for December inventory purchases by Yekstop Corse Multiple Choice 5158,655 O 503.600 $299.440