can you please explain the process behind this.

Romano's Fine Foods is a producer of Italian foods. The company prepares its foods from fresh ingredients and then sells the items to grocery store chains. All the company's sales are made on credit. The budgeted sales and cash collection pattern for the third quarter of year 2 are shown below: July $2,160,000 August 53,286,000 September $2.962,000 30% 4096 Budgeted sales Cash collection pattern Month of sale Month following month of sale Second month following month of sale Third month following month of sale Budgeted sales for April Budgeted sales for May Budgeted sales for June 289 296 $2,644,000 $2.906,000 53,458,000 Complete the following schedule of cash collections for Romano's Fine Foods by inserting the correct values into the spaces provided: Romano's Fine Foods Schedule of Cash Collections For the Quarter Ending September 30, Year 2 July August September $52.380 0.120 160 Collections from April sales collections from May sales Collections from June sales Collections from alysen Collections from August Collections from September sales Total monthly collections 1.000 52.097,760 1