Assume you are given the following information for Sur's Sweets cash receipts budget for the first quarter Sales each month are 60% in cash and 40% on credit. For the credit sales, 80% is collected within the same month and 20% is collected the following month The credit sales in December were $4,000 Fill in the missing data. (Round all amounts to the nearest whole dollar.) Suz's Sweets Cash Receipts Budget For the Quarter ended March 31, 20XX Budgeted sales (from sales budget) Type of sale Cash sales (60%) Credit sales (40%) January $ 6,000 S February 6,000 $ March 7200 $ 3,600 $ 2,400 Sales each month are 60% in cash and 40% on credit webes booper for the fill quiter For the credit sales, 80% is collected within the same month and 20% is collected the following month The credit sales in December were $4,000 Fill in the missing data. (Round all amounts to the nearest whole dollar) Credit sales (40%) $ 2.400 Credit sales. 80% collected within the same month $ 1,920 20% collected the following month 480 Total collections from credit sales Plus: cash sales (per above) Total cash receipts 3.600 Next