Dalton Manufacturing is preparing its master budget for the first quarter of the upcoming year. The following data pertain to Dalton Manufacturing's operations: (Click the icon to view the data.) (Click the icon to view additional data.) Read the requirements. Requirement 1. Prepare a schedule of cash collections for January, February, and March, and for the quarter in total. Dalton Manufacturing Cash Collections Budget For the Quarter Ended March 31 Data table Month January February March Quarter Current Assets as of December 31 (prior year): Cash $ 4,500 Cash sales Accounts receivable, net $ 47,000 Credits sales Total cash collections Inventory $ 15,100 Property, plant, and equipment, net $ 120,500 Accounts payable $ 42,400 Capital stock. $ 124,500 Retained earnings. $ 22,800 Print Done