Souper Duper sells pre-packaged soups. Souper Duper's actual and budgeted sales information for January, February, and...

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Souper Duper sells pre-packaged soups. Souper Duper's actual and budgeted sales information for January, February, and March are as follows: Cash Sales Credit Sales Total Sales January (Actual) $80,000 $240,000 $320,000 February (Budgeted) $100,000 $360,000 $460,000 March (Budgeted) $60,000 $180,000 $240,000 10% of all sales made on credit are determined to be uncollectible. Of credit sales that are collectible, 50% are collected in the month of the sale and 50% is collected in the month following the sale. Inventory purchased, each month, are equal to 50% of the next month's projected total sales. All purchases of inventory are done on account with 25% paid in the month of purchase and the remainder paid in the month following the purchase. == Required. What is Souper Duper's budgeted cash collections in February from January's credit sales? Do not use $ signs in your answer. Round your answer to the nearest dollar. Souper Duper sells pre-packaged soups. Souper Duper's actual and budgeted sales information for January, February, and March are as follows: Cash Sales Credit Sales Total Sales January (Actual) $80,000 $240,000 $320,000 February (Budgeted) $100,000 $360,000 $460,000 March (Budgeted) $60,000 $180,000 $240,000 10% of all sales made on credit are determined to be uncollectible. Of credit sales that are collectible, 50% are collected in the month of the sale and 50% is collected in the month following the sale. Inventory purchased, each month, are equal to 50% of the next month's projected total sales. All purchases of inventory are done on account with 25% paid in the month of purchase and the remainder paid in the month following the purchase. == Required. What is Souper Duper's budgeted cash collections in February from January's credit sales? Do not use $ signs in your answer. Round your answer to the nearest dollar.

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