Budgeted D.M. January February $215,200 253,000 262,000 $33,800 44,500 39,200 Nieto's sales are 30% cash and 70% credit. Credit sales are collected 10% in the month of sale, 50% in the month Nieto's purchases are 50% cash and 50% on account, purchases on account are paid Prepare a schedule of expected collections from customers for March. (Round answers to O decimal places, e.g. 2,500.) NIETO COMPANY Total collections pare a schedule of expected payments for direct materials for March. (Round answers to 0 decimal places, e.g. 2,500.) NIETO C March Total payments