Please answer only Requirement 1. The answer is NOT 437,700.90! Thank you.

! Required information [The following information applies to the questions displayed below.) CompUSA Incorporated sells computer hardware. It also markets related software and software-support services. The company prepares annual forecasts for sales, of which the first six month of 2022 are given below. In a typical month, total sales are broken down as follows: cash sales, 30%; VISA credit card sales, 65%; and 5% open account the company's own charge accounts). For budgeting purposes, assume that cash sales plus bank credit card sales are received in the month of sale; bank credit card sales are subject to a 3% processing fee, which is deducted daily at the time of deposit into CompUSA's cash account with the bank. Cash receipts from collection of accounts receivable typically occur as follows: 23% in the month of sale, 50% in the month following the month of sale, and 24% in the second month following the month of sale. The remaining receivables generally turn out to be uncollectible. CompUSA's month-end inventory requirements for computer hardware units are 30% of the following month's estimated sales. A one-month lead time is required for delivery from the hardware distributor. Thus, orders for computer hardware units are generally placed by CompUSA on the 25th of each month to ensure availability in the store on the first day of the month needed. These units are purchased on credit, under the following terms: n/45, measured from the time the units are delivered to CompUSA. Assume that CompUSA takes the maximum amount of time to pay its invoices. On average, the purchase price for hardware units runs 60% of selling price. January February March April May June Totals CompUSA Incorporated Forecasted Sales (units and dollars) January-June 2022 Software/ Number Hardware Support of Units Sales Sales 128 $ 435,200 $ 144,000 138 469,200 164,000 100 340,000 134,000 90 306,000 129,000 118 401,200 154,000 128 435,200 144,000 702 $ 2,386,800 $ 869,000 Total Revenue $ 579,200 633,200 474,000 435,000 555,200 579,200 $ 3,255,800 Required: 1. Calculate estimated cash receipts for April 2022. 2. The company is looking at the number of hardware units to order on January 25. a. Determine the estimated number of units to be ordered. b. Calculate the dollar cost (per unit and total) for these units. 3. Cash planning in this line of business is critical to success. Management feels that the assumption of selling price per unit ($3,400) is firm-at least for the foreseeable future. Also, it is comfortable with the 30% rate for end-of-month inventories. It is not so sure, however, about (a) the Cost of Goods Sold (CGS) rate (because of the state of flux in the supplier market) and (b) the level of predicted sales in March 2022. Discussions with marketing and purchasing suggest that three outcomes are possible for each of these two variables, as follows: 55% 60 65 Outcome March Sales CGS% Optimistic 110 units Expected 100 units Pessimistic 90 units The preceding outcomes are assumed to be independent, which means that there are nine possible combinations (3 x 3). You are asked to conduct a sensitivity analysis to determine the range of possible cash outflows for April 10, under different combinations of the above. Assume, for simplicity, that sales volume for April is fixed. Complete the following table: Required 1 Required 2 Required 3 Calculate estimated cash receipts for April 2022. (Round your intermediate calculations and final answer to the nearest whole dollar amount.) Estimated cash receipts Required 1 Required 2 >