Case (3); Z. Company has the following data: 1- A/R, May equals $ 120.000 2- Monthly forecasted sales June $ 400.000 July 500.000 August 600.000 September 700.000 3- Sales consists of 70% cash and 30% credit, all credit sales are collected 60% in the next month and 30% after two months of the sale 4- Uncollectiable accounts are calculate 10% Required; Prepare the Cash Collections Budget