Budget cash receipts for the months of January, February, and March. Budgeted sales, all on account: November $ 65,000 December January February March 60,000 82,000 70,000 90,000 Collection of accounts receivable experience: 1. Of a given month's sales, 60% are collected in the month of sale less 2% cash discount. 2. 30% of a given month's sales are collected in the month following the sale. 3. 10% are collected in the second month following the sale. 4. Ignore uncollectible accounts (immaterial). TOTALS: JANUARY FEBRUARY MARCH