Berkner Corporation has found that 80% of its sales in any November sales for last year were $105,000, while December given month are credit sales while the remainder are cash sales were $110,000 Projected sales for the next three sales of the credit sales, Berkner Corporation has months are as follows experienced the following collection pattern January sales $ 175.000 25% received in the month of the sale February sales 115.000 50% received in the month after the sale March sales. $ 195,000 20% received two months after the sale Requirement 5% of the credit sales are never received 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 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 20% Two months after Total cash collections Enter any number in the edit fields and then click Check Answer. ? 3 parts Clear All Check Answer remaining