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Bentfield Compration has found that Bos of is sales in any given month are credit swes, while the remainder are cash sales, Of the credt

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Bentfield Compration has found that Bos of is sales in any given month are credit swes, while the remainder are cash sales, Of the credt sales. Bentfield Corporation has experienced the foliowing collection pattem November sales for last year were $110,000, while December sales were $115,000 Projocted sales for the next theee monens are as follows: 255 recevod in the month of the sale sos received in the month after the sale 16% receved two months after the sale 9\% of the credi sales are never received Requirement Prepare a cash colections budget for the first quarter, with a column for esch month and for the quartec: (Round your answers to the nearest whole dollar)

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