Candy Cane, Incl, spends $208,000 to buy sugar and peppermint in April. It produces

Candy Cane, Incl, spends $208,000 to buy sugar and peppermint in April. It produces

Candy Cane, Incl, spends $208,000 to buy sugar and peppermint in April. It produces its cand and sells it to distributors in May for $279,000, but it does not
receiv payment until June. Fore each month, find the firm’s sales, net income, and net cash flow