Applied Learning had prepared the following sales budget, schedule of budgeted cash receipts, and cash budget for 2019 : (Click the icon to view the original budgets.) Applied Learning decided to revise its sales budget to show fourth quarter sales of 850 tablets due to the expectation of increased holiday sales. (Click the icon to view the revised sales budget.) Requirement 1. Revise the schedule of budgeted cash receipts to include the increase in used in the table, leave the box empty; do not enter a zero. Round your answers to the ne Schdule of Cash Receipts from Customers ginal Budgets le of Cash Receipts from Customers Schdule of Cash Receipts from Customers Accounts Receivable balance, December 31, 2019: 4th Otr-Credit sales (60\%), 70\% collected in 1st qtr of 2020 $184,800 Applied Learning Cash Budget Applied Learning Cash Budget For the Year Ended December 31, 2019 Cash payments: Capital expenditures Purchases of direct materials Direct labor Manufacturing overhead Selling and administrative expenses Income taxes Interest expense Total cash payments Ending cash balance before fiEnancing Minimum cash balance desired Projected cash excess (deaciency) Financing: Borrowing Principal repayments Total effects of cfinancing Ending cash balance Reference Requirement 1. Revise the schedule of budgeted cash receipts to include the increase in fourth quarter sales and the change in the timing of customer receipts, (If a box is not used in the table, leave the box empty; do not enter a zero. Round your answers to the nearest dollar.) Sihrula of Cheh Raroints from Customars Cash Receipts from Customers: Accounts Receivable balance, December 31, 2018 1st Qtr-Cash sales 1st Qur-Credit sales collected in ist qur. 1st Qtr-Credit sales collected in 2nd qtr. 1st Otr-Credit sales collected in 3rd qtr. znd Ctr.-.Cash caies 2ns Qtr-Credit sales collected in 2nd qtri 2nd Qt-Credit sales colected in 3id quf. Znd atr-Credit salen collected in 4 th ctt. 3rd Qtr-Cash sates Frd Qir.-Credt sales collocted in 3rd atr. 3rd Otr-Ctedit sales collected in Ath qtr. dth Qtr-Cash sales. 4th Oir - Credit sales collected in 4 th qtr. Total cash receipts from customero