307 in the aumth st the sale EQ\%, is the marth aher the alle 63. wu morths atter Dy sure zian newe celected Hequirenemer Augustine Reeds, a manufacturer of saxophone, oboe, and clarinet reeds, has projected sales to be $904,000 in October, $964,000 in November, $1,045,000 in December, and $06,000 in lanvay Augustine's sales are 20% cash and 80% credit. The company's collection hittory indicates that credit salps are collected as follows: 30% in the month of the sale 60% in the month aiter the sale 8% two twonths alter the saie 2% are never collected Requirements 1. Prepare. sales budgot for all four morths, showing the breakfowm between cash and crect sales. 2. Prepare-3 cash collectien budgel for December and January. Round all answers up to the pearest dolar Requirement 1. Prepare at sales budget foc all four moeths, showing the breakdown betaeeh ckah and uegt sales: 30% in the month of the sale 50% in the month after the sale 8% two months aflor the sale 2% are never collected Requirements 1. Prepare a sales budget for all four months, showing the breakdown between cash and credit sales 2. Prepare a cash collection budget for December and January. Round all answers up to the nearest dollar: Requirement 2. Prepare a cash collection budget for December and Janusy. Round ar arswers up to the nearest dollar