Nogueiras Corp's Budgeted Monthly Sales Are $10,500,and They Are Constant

Nogueiras Corp's budgeted monthly sales are $10,500,and they are constant from month to month.40% of its customers pay in the first month and take the 2% discount,while the remaining 60% pay in the month following the sale and do not receive a discount.The firm has no bad debts.Purchases for next month's sales are constant at 50% of projected sales for the next month."Other payments",which include wages,rent,and taxes,are 25% of sales for the current month.Construct a cash budget for a typical month and calculate the average cash gain or loss during the month.Do not round intermediate calculations.

A) $2,007
B) $2,236
C) $2,998
D) $2,541
E) $1,931