needing help with questions 7 through 9

) Galloate Inc. began operations in April of tdhis year. It makes all sales on account, subject to the following collection collected in the first pattern: 30% are collected in the month of sale; 60%are sale. If sales for April, May, and June were $60,000, s80,000, and S70,000, respectively, what were the firm's budgeted collections for May? month after sale and 10% are collected in the second month after A) 569,000. B) $60,000, C)$21,000 D) $75,000. El None of the answers is correct. 8) 8) Gallonte Inc. began operations in April of this year. It makes all sales on account, subject to the following collection pattern: 30% are collected in the month of sale, 60% are collected in the first month after sale, and 10% are collected in the second month after sale. If sales for April, May, and June were $60,000, $80,000, and $70,000, respectively, what were the firm's budgeted collections for April? A) S21,000. B) $60,000. C) $18,000. D) $65,000 E) None of the answers is correct. 9 9) Harrington makes all sales on account, subject to the following collection pattern: 30% are collected in the month of sale, 60% are collected in the first month after sale, and 10% are collected in the second month after sale. If sales for June, July, and August were $120,000, S160,000, and $220,000, respectively, what were the firm's budgeted collections for August and the company's budgeted receivables balance on August 31? A. B. C. D. E. August Collections S 162,000 S 174,000 S 190,000 S 262,000 August 31 Receivable Balance $ 182,000 S 170,000 $ 154,000 S 82,000 Some other combination of figures not listed above. A)Choice A B)Choice B C)Choice C D) Choice D E)Choice E