Bentfield Corporation has found that 60% of its sales in any given month are credit sales, while the remainder are cash sales, Of the credit sales, Bentlield Corporation has experienced the following collection pattern: November sales for last year were $100,000, while December sales were $110,000. Projected sales for the next three months are as follows: 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 Bentfield Corporation has found that 60% of its sales in any given month are credit sales, while the remainder are cash sales, Of the credit sales, Bentlield Corporation has experienced the following collection pattern: November sales for last year were $100,000, while December sales were $110,000. Projected sales for the next three months are as follows: 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