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Use the information below for Finch Company to answer the question that follow. Finch Company began its operations on March 31 of the current year. Finch has the following projected costs:

	April	May	June
Manufacturing costs (1)	$156,800	$194,400	$208,200
Insurance expense (2)	1,010	1,010	1,010
Depreciation expense	1,910	1,910	1,910
Property tax expense (3)	530	530	530

(1) Of the manufacturing costs, three-fourths are paid for in the month they are incurred and one-fourth is paid for in the following month. (2) Insurance expense is $1,010 a month; however, the insurance is paid four times yearly, in the first month of the quarter (i.e., January, April, July, and October). (3) Property tax is paid once a year in November. The cash payments expected for Finch Company in the month of April are

a.$138,715

b.$117,600

c.$156,800

d.$120,630

Use the information below for Nuthatch Corporation to answer the question that follow.

Nuthatch Corporation began its operations on September 1 of the current year. Budgeted sales for the first three months of businessSeptember, October, and Novemberare $249,000, $315,000, and $425,000, respectively. The company expects to sell 30% of its merchandise for cash. Of sales on account, 80% are expected to be collected in the month of the sale and 20% in the month following the sale.

The cash collections expected in September from accounts receivable are estimated to be

a.$174,300

b.$249,000

c.$298,800

d.$139,440

Last one that Im stuck with. Thank you

Woodpecker Co. has $310,000 in accounts receivable on January 1. Budgeted sales for January are $961,000. Woodpecker Co. expects to sell 20% of its merchandise for cash. Of the remaining 80% of sales on account, 75% are expected to be collected in the month of sale and the remainder the following month. The January cash collections from sales are

a.$1,078,800

b.$647,280

c.$1,388,800

d.$863,040

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