Ahmed Reeds, a manufacturer of saxophone, oboe, and clarinet roods, has projected sales to be $906.000 in October, 5900.000 in November 31.030,000 in December, and 1928,000 in January, Ahmed's sales are 30% cash and 70% credit. The company's collection history indicates that credt sales are collected as follows 25% in the month of these 50% in the month the sale two months after the sale 7% verotected Requirements 1. Prepare a sales budget for at four months, showing the breakdown between cash and credit sal 2. Prepare a cash collection budget for December and January, Round all answers up to the nearest dollat Requirement 1. Prepare a sales budget for all four months, showing the breakdown between cash and credit sales. Ahmed Reeds Sales Budget For the Four Months Ended January October November December January Cash sales Credit sales Total sales