Using th : following information for NYX & co., answer questions 3 to 10 below: The financial manager at NYX & co has recently forecasted their total collections for the time period August 2017 till December 2017 as follow: August September October November Sales 462,000 612,000 575,000 485,000 NYX collects 40% of its sales immediately and 60% after 2 months Their payments are divided as following: August September October November Purchases 95,000 115,000 97,500 82,500 Note that all purchases are paid immediately to suppliers. Wages expenses: $75,000 per month Lease expenses: S40,000 per month Interest expenses: $10,000 paid twice in August and November Other expenses: 20,000 paid in August only Taxes: $25,000 paid twice in August and November Capital expenditures: S100,000 in September only The minimum cash balance is $25,000 The beginning cash balance in August $10,000 4. The amount of total payments for August and September are respectively: * O $265,000; $330,000 $265,000; $300,000 O $285,000; $230,000 O $330,000; $212,500