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Emerald Service anticipates the following sales revenue over a five-month period: (Click the icon to view the sales data.) The company's sales are 30% cash

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Emerald Service anticipates the following sales revenue over a five-month period: (Click the icon to view the sales data.) The company's sales are 30% cash and 70% credit. Its collection history indicates that credit sales are collected as follows: (Click the icon to view the collections data.) How much cash will collected in January? In February? In March? For the quarter in total? Complete the cash budget to determine how much cash will be collected in January, February, March and for the quarter in total. (Round your answers to the nearest whole dollar.) Data Table Emerald Service Cash Collections Budget For the Months of January through March January Cash sales November January February March December $ 10,800 Sales revenue ....... $ Collection of credit sales: 16,800 $ 15,000 S 12,400 S 14,600 25% Month of sale 50% Month after Print Done 15% Two months after Total cash collections A More Info 25% in the month of the sale 50% in the month after the sale 15% two months after the sale 10% are never collected

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