AB Recruitment Services (ARS) has provided the following budget data for 2023 . Collections from clients are normally 70% in the same month in which service is provided, 20% in the first month following the service, and 10% in the second month following the service. ARS pays for Direct Cost (Expenses) 20% in the month of service and 80% in first month following the month in which Cost/Expenses are incurred. ARS Cash disbursements for other expenses are expected to be $18,000 for December ARS cash balance on December 1 was $44,000. Required (show all calculations): a. Compute the expected cash collections during December. b. Prepare the Cash Budget for December