Aimed Resds, a manufacturer of saxophone, oboe, and clarinet reeds, has projected sales to be $996,000 in October, $95a,000 in Novechber, $1,045,000 in December, and 5930,000 in January. Ahmeds sales are 30% cash and 70% condt. The companys collection history indedicales that credit sales are colected as follews: 20% in the month of the salo: 65% in the month after ene said 10% wo months afier the sale S\% ite never collected Requirements 1. Prepare a aabes budgot for as four months, showing the brookdown between cash and credit sales. 2. Propare a cash colection budget for December and January. Round al answers up to the nearest dollar. Ahmed Reeds, a manufacturer of saxophone, oboe, and clarinet reeds, has projected sales to be $896,000 in Ahmed's sales are 30% cash and 70% credit. The company's collection history indicates that credit sales are collected 20% in the month of the sale 65% in the month after the sale 10% two months after the sale 5% are never collected Requirements 1. Prepare a sales budget for all four months, showing the breakdown between cash and credit sales. 2. Prepare a cash collection budget for December and January. Round all answers up to the nearest dollar. Requirement 1. Prepare a sales budget for all four months, showing the breakdown between cash and credit sales