Elias Company has prepared a budget for the first six months of 2020. Monthly budgets for revenues are provided below. Experience indicates that Elias will collect 75% of sales in the month of sale, 15% in the month following the sale, and 7.5% in the second month after the sale. The remaining 2.5% of sales are expected to be uncollectible. Prepare a cash collections budget for Elias for the months of March, April, and May 2020. Show your work. Revenues budget: January February March April May June 8,537,500 9,748,615 10,250,324 8,904,561 12,358,975 14,548,289 64,348,264 Collections experience: Month of sale Month after sale 2 months after sale Uncollectible 75.0% 15.0% 7.5% 2.5% 100.0%