2013 (0 complete) HW Score: 0%, 0 of 3 E9-28A (similar to) Question Help Bentfield Corporation has found that 60% of its sales in any given month are credit November sales for last year were $100,000, while December sales were sales, while the remainder are cash sales. Of the credit sales, Bentfield $115,000. Projected sales for the next three months are as follows: Corporation has experienced the following collection patter: January sales ..$ 155,000 20% received in the month of the sale February sales $ 135,000 40% received in the month after the sale March sales $ 200,000 24% received two months after the sale Requirement 16% of the credit sales are never received Prepare a cash collections budget for the first quarter, with a column for each month and for the quarter (Round your answers to the nearest whole dollar) Bentfield Corporation Cash Collections Budget For the Months of January through March Cash sales Collections on credit sales: 20% Month of sale Enter any number in the edit fields and then click Check Answer January Cash sales Collections on credit sales: 20% Month of sale 40% Month after 24% Two months after Total cash collections Enter any number in the edit fields and then click Check Answer. parts remaining