Berkner Corporation has found that 80% of its sales in any given month are credit sales, while the November sales for last year were $105,000, while December sales were $120,000. 6 remainder are cash sales. Of the credit sales, Berkner Corporation has experienced the following Projected sales for the next three months are as follows: collection pattern: January sales ............. $ 145,000 25% received in the month of the sale February sales $ 130 000 50% received in the mnth aer the sale March sales .............. $ 180,000 15% received two months after the sale Requirement 10% of the credit sales are never received Prepare a cash collections budget for the rst 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 March January Cash sales Collections on credit sales: 25% Month of sale 50% Month after 15% Two months after Total cash collections