c. The following is the sales budget for Nokia, Inc., for the rst quarter of Zl'i': M $25uooo Credit sales are collected as fol lows: - (55 percent in the month of the sale - 2:] percent in the month after the sale - 15 percent in the second month after the sale The accounts receivable balance at the end of the previous quarter was $1?3,l$136. of which was uncollected December sales}. I. Compute the sales for November: [3 Marks} ll. Compute the sales for December. {3 Marks} Ill. Compute the cash collections from sales for each month from januargllr through March. {4 Marks}