Spacely Sprockets' sales budget shows the following expected total sales: Month January February March April Sales...

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Spacely Sprockets' sales budget shows the following expected total sales: Month January February March April Sales $31,800 $41,800 $36,800 $31,800 The company expects 80% of its sales to be on account (credit sales). Credit sales are collected as follows: 30% in the month of sale and 68% in the month following the sale, with the remainder being uncollectible and written off in the month following the sale. Required: a. Calculate budgeted accounts receivable at the end of each month from February through April. b. Calculate budgeted cash inflows from collection of receivables for each month from February through April. Note: Round your intermediate calculations and final answers to the nearest whole dollar amount. February March April a. Budgeted accounts receivable $ 10,032 b. Budgeted cash inflows from collection of receivables Spacely Sprockets' sales budget shows the following expected total sales: Month January February March April Sales $31,800 $41,800 $36,800 $31,800 The company expects 80% of its sales to be on account (credit sales). Credit sales are collected as follows: 30% in the month of sale and 68% in the month following the sale, with the remainder being uncollectible and written off in the month following the sale. Required: a. Calculate budgeted accounts receivable at the end of each month from February through April. b. Calculate budgeted cash inflows from collection of receivables for each month from February through April. Note: Round your intermediate calculations and final answers to the nearest whole dollar amount. February March April a. Budgeted accounts receivable $ 10,032 b. Budgeted cash inflows from collection of receivables

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