11. The following information pertains to Amigo Corporation: Month July August September October Sales $30,000 34,000 38,000 42,000 Purchases $10,000 12,000 14,000 16,000 November December 48,000 60,000 18,000 20,000 Cash is collected from customers in the following manner: Month of sale (2% cash discount) 30% Month following sale 50% Two months following sale 15% Amount uncollectible 5% 40% of purchases are paid for in cash in the month of purchase, and the balance is paid the following month. . Required: a. Prepare a summary of cash collections for the 4th quarter. b. Prepare a summary of cash disbursements for the 4th quarter