Data for Q 15 and 16 Root Company sells a product for $35. Budgeted sales for the first few months of 2022 are as follows: January $600,000 February 500,000 March 900,000 April 735,000 The company typically collects 70% in the month of sale and 28% in the following month. The remaining 2% is not collected. Calculate budgeted cash receipts for March and April. 2 15) Calculate budgeted cash receipts for March 16) Calculate budgeted cash receipts for April