$\backslash$table$[[$S&P Enterprises needs a cash budget for March. The following information is available.$],[$Data$,$January,February,March,$],[$Actual January and February and expected March sales:$],[$Cash sales,$$,1,600,3,750,$$$5,100,],[$Sales on account,$25,000,30,000,40,000,],[$Total Sales,$$26,600,$$$,33,750,$$$45,100,],[$Accounts Receivable Collections:$],[$Month of sale,$15\%,,,],[$Month following sale,$60\%,,,],[$Second month following sale,$22\%,,,],[$Uncollectible$,3\%,,,],[,,,,],[$Accounts payable for inventory purchases, March $1$ balance,$$10,500,,,],[$Budgeted inventory purchases in March,$$23,500,,,],[$Inventory payments:$],[$Month of purchase,$60\%,,,],[$Month following purchase,$40\%,,,],[$Total budgeted selling & administrative expenses in March,$$12,500,,,],[$Budgeted selling & administrative depreciation in March,$$3,200,,,],[$Other budgeted cash disbursements in March$],[4...$ Budget Data Schedules and Cash Budget,$4,,,],[$EADY$,,,,+100\%]]$