Assume Gage's has the following budgeted sales for the quarter (Click the icon to view the sales data) Determine Gage's budget for March cash collections assuming credit sales are collected as follows: 82% is collected the month after sale, 15% is collected two months after the month of sale, and 3% is never collected Complete the cash budget to determine how much cash will be collected in March Gage's Cash Collections Budget Enter any number in the edit fields and then continue to the next question Budgeted sales - X January February March COD sales $ 15,000 $ 105,000 24,000 $ 105,000 12,000 125,000 Credit sales $ 120,000 $ Total sales 129,000 $ 137,000 For the Month of March Cash sales in current month Collections on credit sales: 82% of credit sales made last month Enter any number in the edit fields and then continue to the next question. 82% of credit sales made last month 15% of credit sales made two months ago Total cash collections