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Calino Company developed the following data for the month of August. August 1 cash balance...

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Accounting

Calino Company developed the following data for the month of August. August 1 cash balance $12,300 Cash sales in August $80,000 Credit sales for August are $30,000; for July $40,000; and for June $40,000. 70 percent of credit sales are collected in the month of sale, 15 percent in the following month, and 10 percent in the second month following the sale. Purchases for July were $50,000 and for August are $40,000. One-fourth of purchases are paid in the month of purchase and the remaining three-quarters in the following month. August salaries are $31,400, utilities are $3,220, and depreciation on the building and equipment is $10,000.

A. Anticipated cash receipts from accounts receivable in August are $_______

B. Anticipated total cash available from all sources in August is $_______

C. August cash payments for purchases made in July and August are $_______

D. Anticipated cash balance on August 31 is $_______

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