please show work.

Here are some important figures from the budget o second quarter of 2012: f Nashville Nougats, Inc., for the April June May $547,200 $570,240 $630,720 252,720 Credit sales Credit purchases Cash disbursements 288,710 211,680 72,430 16,410 0 Wages, other expenses 57,240 16,410 Equipment purchases 119,520 69,420 16,410 Interest 131,040 company predicts that 3 percent of its credit sales will never be collected. 36 The percent of its sales will be collected in the month of sale, and the remaining 61 percent will be collected in the following month. 20 percent of credit purchases will be paid in the month of purchase, 80 percent will be paid in the month following the purchase. In March 2012, credit sales were $302,400, and credit purchases were the following cash budget. (15 POINTS) S224,640. The April 1 cash balance was $403,200. Using this information, complete June May April $403,200 Beginning cash balance Cash receipts Cash collections from credit sales Total cash available Cash disbursements Purchases Wages, taxes, and expenses Interest Equipment purchases Total cash disbursements nding cash balance