(a) In the coming year, Game Monster, Inc. will be introducing its first product, a wrist brace that protects serious video gamers from repetitive-motion injuries. The brace will be sold for exist12 to retailers throughout the country. All sales will be made on account. An expected 70 percent of sales will be collected within the quarter of the sale, and another 25 percent in the quarter following the sale. The remaining 5 percent of credit sales are expected to be uncollectible. The sales budget for the coming year is as follows: Prepare Game Monster, Inc's cash receipts budget for the coming year. (b) Julian, Inc., makes and sells drum sets. Hope Smith, controller, is responsible for preparing the master budget. The sales manager has given Hope the following sales forecast for the coming months. Julian expects to have 5,000 drum sets in ending inventory on March 31. The company's policy is to carry 50 percent of the following month's projected sales in ending inventory. Prepare Julian's production budget for the second quarter