A company is preparing for a monthly sales budget for Jan, Feb, & Mar. Sales are 100% on credit. Credit sales for Jan, Feb, and Mar are $140, $180, and $160, respectively. Cash collections are made in

- the month of sale: 50%

- a month after sale: 30%

- two month after sale: 15%

- uncollectible: 5% (recognized in the month of sale)

Q1. Total cash collection in March?

Q2. If the budgeted EB of net A/R on 12/31 is $120 and the budgeted total cash collection in Feb is $162, how much is the total credit sales in November?