$ 165,000 $ 130.000 Com Samson Corporation has found that 60% of its sales in any given month are credit November sales for last year were 580,000, while December sales were Sales, while the remainder are cash sales of the credit sales, $115,000. Projected sales for the next three months are as follows: Samson Corporation has experienced the following collection pattern January sales February sales March sales $ 190,000 25% received two months after the sale Requirement 15% of the credit sales are never received Prepare a cash collections budget for the for, with a column for each month and for the quarter. (Round your answers to the nearest whole dollar) 20% received in the month of the sale 40% received in the month after the sale Review On 2 Click the icon to see the Worked Solution. Samson Corporation Cash Collections Budget For the Months of January through March January February March Quarter Turno Cash sales Collections on credit sales: 20% Month of sale 40% Month after 25% Two months after 2000 12.00 Ton Total cash collections