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Budgeted total cash receipts in January 2022. Information pertaining to Noskey Corporation's sales revenue follows: Management estimates 5% of credit sales to be uncollectible. Of collectible credit sales, 60% is collected in the month of sale and the remainder in the month following the month of sale. Purchases of inventory each month include 70% of the next month's projected total sales (stated at cost) plus 30% of projected sales for the current month (stated at cost). All inventory purchases are on account; 25% is paid in the month of purchase, and the remainder is paid in the month following the month of purchase. Purchase costs are approximately 60% of the selling price. Required: Determine for Noskey: 1. Budgeted cash collections in December 2021 from November 2021 credit sales. 2. Budgeted total cash receipts in January 2022. 3. Budgeted total cash payments in December 2021 for inventory purchases. \begin{tabular}{|l|r|r|} \hline \multicolumn{2}{|c|}{ Nudgeted Total Cash Payments } \\ \hline \multicolumn{2}{|c|}{ December 2021 } & \\ \hline Total inventory purchases in November: & & \\ \hline For November sales: & $ & 0 \\ \hline For December sales: & & % \\ \hline Percentage of November purchases to be paid in December & $ & 0 \\ \hline Payment in December for purchases in November & & \\ \hline Budgeted purchases in December: & & \\ \hline For December sales: & $ & 0 \\ \hline For January sales: & & \\ \hline Percentage of December purchases to be paid in December & & \\ \hline Payment in December for purchases in December & & \\ \hline Budgeted cash payment in December for inventory purchases & & 0 \\ \hline \hline \end{tabular}

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