4. Cash Collection Budget Brodies Company has found that 60% of its sales in any given month are credit sales, while the remainder are cash sales. Of the credit sales, Brodies Company has experienced the following collection pattern: 25% received in the month of the sale 60% received in the month after the sale 12% received two months after the sale 3% of the credit sales are never received November sales for last year were $140,000, while December sales were $150,000. Projected sales for the next three months are as follows: January sales February sales...... March sales Requirement ..... $105,000 $125,000 $130,000 Prepare a cash collections budget for the first quarter, with a column for each month and for the quarter. (25 pts) L