19) The following information pertains to Ortega Corporation: - 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. 19) The following information pertains to Ortega Corporation: - 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