Blaire Bennice Company estimated the following sales and expected cash collection below: March 75,500 April 95,500 May 10,500 June 125,500 Collection of Sales In the month of sale: 25% In the month following the sale: 45% In the two months following the 30% sale: To guard against inventory shortages, Bennice requires that 30% of the following month's sales be on hand at the end of each month.