A Tahara clothing wholesaler was preparing its sales budget for the first quarter of 20x8. Forecast sales are as follows (in thousands of yen): (Click the icon to view the sales forecast.) Sales are 20% cash and 80% on credit. Sixty percent of the credit accounts are collected in the month of sale, 30% in the month following the sale, and 10% in the following month. No uncollectible accounts are anticipated. Accounts receivable at the beginning of 20x8 are 105.000 (10% of November credit sales of $150,000 and 60% of December credit sales of $150,000). Requirement 1. Prepare a schedule showing sales and cash collections for January, February, and March, 20x8. (Enter all values in thousands of yen) Requirement 1. Prepare a schedule showing sales for January, February, and March, 20x8. Sales budget January February March Credit sales Cash sales Total sales March Prepare a schedule showing cash collections for January, February, and March, 20x8. Cash collections from customers January February Cash sales For current month sales For sales from 1 month prior For sales from 2 months prior Total collections from customers * Data Tables January February March Y206,000 224,000 242,000