Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Budgeted total cash receipts in January 2022. 92,000 NOSKEY CORPORATION Budgeted Total Cash Receipts January 2022 Cash sales in January Collections from credit sales in January Total collectible from credit sales Percentage to be collected in January Collections from credit sales in December Total collectible from credit sales Percentage to be collected in January Budgeted total cash receipts in January % 0 % 0 92,000 Information pertaining to Noskey Corporation's sales revenue follows: Cash sales Credit sales Total sales November 2021 (Actual) $ 160,000 336,000 $ 496,000 December 2021 (Budgeted) $ 148,000 472,000 $ 620,000 January 2022 (Budgeted) $ 92,000 244,000 $ 336,000 Management estimates 5% of credit sales to be uncollectible. Of collectible credit sales, 60% is collected in the month of sale and the remainder in the month following the month of sale. Purchases of inventory each month include 70% of the next month's projected total sales (stated at cost) plus 30% of projected sales for the current month (stated at cost). All inventory purchases are on account; 25% is paid in the month of purchase, and the remainder is paid in the month following the month of purchase. Purchase costs are approximately 60% of the selling price. Required: Determine for Noskey: 1. Budgeted cash collections in December 2021 from November 2021 credit sales. 2. Budgeted total cash receipts in January 2022. 3. Budgeted total cash payments in December 2021 for inventory purchases