Current Attempt in Progress Hagen Company's budgeted sales and direct materials purchases are as follows. Hagen's sales are 40% cash and 60% credit. Credit sales are collected 10% in the month of sale, 50% in the month fo 36% in the second month following sale; 4% are uncollectible. Hagen's purchases are 50% cash and 50% on account. account are paid 40% in the month of purchase, and 50% in the month following purchase. Prepare a schedule of expected collections from customers for March