A company estimates the following sales demand from Jan July 2021:

Month	Sales (Units)
Jan	150,000
Feb	180,000
March	120,000
April	240,000
May	210,000
June	180,000
July	240,000

Cash sales account for 50% of the total sales. Debtors are granted 2 months credit, of which half is collected in the month following sales, and the other half after 2 months. Determine the collection from sales in each of the months from April June 2021. Explain how the credit policy offered by a company affects the budgeting exercise. (All workings must be clearly shown)