a month's sales are collected in the month the sale is made, 47 % are collected in the month following Fox Trail Center's sales are all made on account The firm's collection experience has been that 30 % sale. The sales forecast for the months of May through August is as follows: a sale, and 21% are collected in the second month following the May S245.000 288,000 Jund 366 000 August Req the cash collections that would be included in the cash budgets for July and August Cash collections August