Below is a companys sales planning budget for the first quarter:

	Jan (RM)	Feb (RM)	March (RM)	Total (RM)
Budgeted Sales	30,000	45,000	25,000	100,000

From the past record, the company has learned that 50% of a months sales are collected in the month of sale, another 30% are collected in the month following sale and the remaining 20% are collected in the second month following sale. November and December sales were RM21,500 and RM27,000 respectively.

Required:

Prepare a schedule of expected cash collections from sales, by month and in total for the first quarter.

PLEASE HELP ME TO ANSWER THIS QUESTION ASAP. THANK YOU