Assume Gary's has the following budgeted sales for the quarter (Cher the loon to view the sales data) Determine wy's budget for March cash collections assuming credits are collected as follows: 70% is collected the month after sale, 27 is collected to more her the month of , and is never beled Complete the cash hudget to determine how much cash wil be collected in March 0 Budgeted sales Gary's Cash Collections Budget For the Month of March February 13,000 $ 18.000 $ March 14,000 $ Cash in current month Collections on credit sales: 70% of credit sales made last month 27% of credit ses made two months ago COD sales Credit sales 133,000 $ 158000 $ 124,000 Total cash collections Done