IThe following information applies to the questions displayed below] Aztec Company sells its product for $17o per unit. Its actual and projected sales follow. Dollars Units April (actual) 7,000 $1,190,000 May (actual) 2,400 408,000 June (budgeted) 7,000 1,190,000 July (budgeted) 6,000 1,020,000 August (budgeted) 4.300 731,000 All sales are on credit. Recent experience shows that 24% of credit sales is collected in the month of the sale, 46% in the month after the sale, 26% in the second month after the sale, and 4% proves to be uncollectible. The product's purchase price is $110 per unit. All purchases are payable within 15 days. Thus, 60% of purchases made in a month is paid in that month and the other 40% is paid in the next month. The company has a policy to maintain an ending monthly inventory of 21% of the next month's unit sales plus a safety stock of 150 units. The April 30 and May 31 actual inventory levels are consistent with this policy. Selling and administrative expenses for the year are $1,956,000 and are paid evenly throughout the year in cash. The company's minimum cash balance at month end is $110,000. This minimum is maintained, if necessary, by borrowing cash from the bank. If the balance exceeds $110,000, the company repays as much of the loan as it can without going below the minimum. This type of loan carries an annual 10% interest rate. On May 31, the loan balance is $33,500, and the company's cash balance is $110,000. (Round final answers to the nearest whole dollar.)