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Calculate the Budgeted Cash Receipts from Customers for the month of January PLAID Company sales for January 2023 are expected to be: January 2023: $10,000,000

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Calculate the Budgeted Cash Receipts from Customers for the month of January PLAID Company sales for January 2023 are expected to be: January 2023: $10,000,000 Additional Information: December 2022 Sales: $11,000,000 Sales are 50% Cash Sales and 50% Credit Sales. Customers Accounts are normally collected in the following manner: 50% are paid in the month of sale . 45% are paid in the month directly following the sale. 5% are uncollected Required: Calculate the TOTAL Budgeted Cash Receipts for the month of January. Format BIE Payments from Sales in Collections: January TOTAL cash receipts MacBook Air

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