Buildup Sports inc is a retailer of cothing and sports equipment. The following is buildup Spors sales forecast by cuarte for the wpecmeg yes: In addition, sales in Q3 and Q4 of 2019 totaled $131,000 and $190,000 respectively. According to the company/5 sales records 399 of saies aw minde an cash and the remaining 41% are made on account (i.e. credit sales). Assume the following historical trends were noted by management regurdiog ceste sales: - 5248 of credin customers pay during the quarter in which the sale took place - 35% of credit customers pay in the quarter immediately following the quarter of sale - 11\% of credit customers pay in the second quarter following the quarter of sale - The remaining 296 of credit sales are uncollectible Do not enter dollar signs or commas in the input boxes. Pound your answers to the nearest whole number. a) Calculate the forecasted sales for each quarter (separate revenue into cash and credit sales). a) Calculate the forecasted sales for each quarter (separate revenue into cash and credit sales). b) Prepare the cash receipts section of the 2020 cash budget (on a quarteily basis)