Coala and Associates (C & A) is a legal service firm. All sales of legal services are billed to the client (there are no cash sales). It expects that on average 20% will be paid in the month of billing, 50% will be paid in the month following billing, and 25% will be paid in the second month following billing. For the next five months, the following sales billings are expected: May June July August September Required: 84.000 100,800 77,000 86,800 91,999 a) List and explain THREE (3) objectives of preparing budget.(7 marks) b) Prepare C & A's Schedule of Collection for August and September. (18 Marks) (Total: 25 Marks)