Answer part 1 and 2 quickly and correctly for a thumbs up! Thanks for your time.

Martin Clothing Company is a retail company that sells hiking and other outdoor gear specially made for the desert heat. It sells to individuals as well as local companies that coordinate adventure getaways in the desert for tourists. The following information is available for several months of the current year. Month May June July August Cash Expenses Sales Purchases Paid $ 95,000 $ 68,800 $ 23, ceo 116,000 94.000 24,500 138,000 115.000 33,500 133,000 79.000 33,600 The majority of Martin's sales (65 percent) are cash but a few of the excursion companies purchase on credit. Of the credit sales, 35 percent are collected in the month of sale and 65 percent are collected in the following month All of Martin's purchases are on account with 40 percent paid in the month of purchase and 60 percent paid the following month Required: 1. Determine budgeted cash collections for July and August 2. Determine budgeted cash payments for July and August Complete this question by entering your answers in the tabs below. Required 1 Required 2 Determine budgeted cash collections for July and August. (Round your intermediate calculations and final answers to nearest whole dollar July Budgeted Cash Collections August Required 2 > Required: 1. Determine budgeted cash collections for July and August. 2. Determine budgeted cash payments for July and August. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Determine budgeted cash payments for July and August. July August Budgeted Cash Payments