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begin{tabular}{l} Sweeney Corporation has found that 60% of its remainder are cash sales. Of the credit sales, collection pattern: hline 20% received
\begin{tabular}{l} Sweeney Corporation has found that 60% of its \\ remainder are cash sales. Of the credit sales, \\ collection pattern: \\ \hline 20% received in the month of the sale \\ 40% received in the month after the sale \\ 22% received two months after the sale \\ 18% of the credit sales are never received \end{tabular} November sales for last year were $90,000, while December sales were $110,000. Projected sales for the next three months are as follows: 3 Requirement Prepare a cash collections budget for the first quarter, with a column for each month and for the quarter. (Round your answers to the nearest whole dollar.)
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