Ayayai corp. prepares monthly cash budgets. here are relevant data from operating budgets for 2017. january february sales $360,700 $401,600 purchases 120,800 131,300 salaries 84,200 81,600 administrative expenses 70,900 73,000 selling expenses 78,100 86,000 all sales and purchases are on account. budgeted collections and disbursement data are given below. all other expenses are paid in the month incurred except for administrative expenses, which include $1,000 of depreciation per month. other data. 1. collections from customers: january $331,800; february $378,100. 2. payments for purchases: january $106,100; february $141,100. 3. other receipts: january: collection of december 31, 2016, notes receivable $18,000; february: proceeds from sale of securities $5,400. 4. other disbursements: february $12,700 cash dividend. the company’s cash balance on january 1, 2017, is expected to be $47,000. the company wants to maintain a minimum cash balance of $55,410.

For example, the upper right cell shows that if expresso advertises and beantown doesn't advertise, expresso will make a profit of $15 million, and beantown will make a profit of $2 million. assume this is a simultaneous game and that expresso and beantown are both profit-maximizing firms. if expresso decides to advertise, it will earn a profit of $ million if beantown advertises and a profit of $ million if beantown does not advertise. if expresso decides not to advertise, it will earn a profit of $ million if beantown advertises and a profit of $ million if beantown does not advertise. if beantown advertises, expresso makes a higher profit if it chooses . if beantown doesn't advertise, expresso makes a higher profit if it chooses . suppose that both firms start off not advertising. if the firms act independently, what strategies will they end up choosing? expresso will choose to advertise and beantown will choose not to advertise. expresso will choose not to advertise and beantown will choose to advertise. both firms will choose to advertise. both firms will choose not to advertise.