Berkner Corporation has found that 60% of its soles in any given month are credi November sales for last year were $90,000, while December sales were sales, while the remainder are cash sales. Of the credit sales, Berkner Corporation $130,000. Projected sales for the next three months are as follownhas experienoed the following collection pattern: January sales ............... \$ 150,000 20% received in the month of the sale 40% roceived in the month after the sale 25% receivod two month atier the sale 15% of the credi sales are nover received March sales............... \$ 165,000 Requirement Prepare a cash collections budget for the finst quarter, with a column for each month and for the quarter. (Round your answers to the nearest whole dollar.) Berkner Corporation Cash Collections Budget For the Months of January through Mareh Cath sases Collectiont on credit sales: 20% Month of sale 404 Month after 25% Two monits after Total cash collections Get more help - Clesar all Check