Best Breath is a retail store selling home oxygen equipment. Best Breath also services home oxygen equipment, for which the company bills customers monthly. Best Breath has budgeted for increases in service revenue of $100 each month due to a recent advertising campaign. The forecast of sales and service revenue for March-June 2021 is as follows: (Click the icon to view the forecast of sales and service revenue.) (Click the icon to view the collection information.) Read the requirements. Requirement 1. Calculate the cash that Best Breath expects to collect in May and in June 2021. Show calculations for each month. Start by showing the cash collections of sales revenue, then complete the schedule by entering in the service revenue collections and the total cash collections for each month. (Complete all input fields. If there were no collections of revenue for a certain month, select "0%" in the "Collection %" column and enter a "0" in the appropriate May or June column.) Gross Expected Revenue Collection % April May June X Sales revenue: i Data Table X April sales revenue collected in Apr May sales revenue collected in May June sales revenue collected in June X Sales and Service Revenues Budget March-June 2021 Expected Sales Expected Service Total Month Revenue Revenue Revenue March 8,000 $ 4,200 $ 12,200 i X More Info April 10,000 4,300 14,300 May 9,400 4,400 13,800 June 10,400 4,500 14,900 Almost all of the sales revenues of the oxygen equipment are credit card sales; cash sales are negligible. The credit card company deposits 97% of the revenues recorded each day into Best Breath's account overnight. For the servicing of home oxygen equipment, 60% of oxygen services billed each month is collected in the month of the service, and 40% is collected in the month following the service. Print Done Print Done Choose from any list or enter any number in the input fields and then click Check Answer. 5 parts remaining Clear All Check