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Budgeted Cash Collections The Smile Doctor offers terms of 3 / 1 0 , n / 3 0 , with a 1 0 % discount

Budgeted Cash Collections
The Smile Doctor offers terms of 3/10, n/30, with a 10% discount on patient payments made with cash. The Smile Doctor estimates its total billings for the first calendar quarter of the year as follows: January, $125,000; February, $110,000; and March, $130,000. Historically, the Smile Doctor has had the following patient collection patterns:
\table[[,\table[[Portions],[of],[Total],[Sales]]],[In month of sale:,25%
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