15 Crew Clothing (CC) sells women's resort casual clothing to high-end department stores and in its own retail boutiques. CC expects sales for January, February, and March to be $400,000, $460,000, and $480,000, respectively. Twenty percent of CC's sales are cash, with the remainder collected evenly over two months. During December, CC's total sales were $710,000. cC is beginning its budget process and has asked for your help in preparing the cash budget. 16 17 18 19 20 21 0 Compute CC's expected cash receipts from customers for each month. February March 23 24 25 January Budgeted Cash Receipts