Eontfeld Corperason has found that 6ois of zs sales in arn givts month are credt sales, wrile the remainder are cash sales, of the credt sales, Bentfield Corporation has eaperienced the following collection patiotn 244 ropered is the month of the saie Stow toceived in the month ahter the sain 22W roce red has mortha aher the sale Jts of the ctets sales are rever recenved November aves for iast year wore \$100,000, whild December sales were $110,000. Projected saies for the next three moriths are as follows: Jasuary sales ............. \& 170,000 February sales 5. 125,000 Requirement Prepare a cash colloctions budget for the first quarter, with a column for each month and for the. quarter. (Fhound your answers to the nearest atole dollar) Beritield Corporation Cash isoliections Budget For the Months of January through March Castisaiei Gollectiont on credit salest 251 Mith of skie 50 Month aher 221i Twe monita aher Jenuary Total cakh obhection: Eontfeld Corperason has found that 6ois of zs sales in arn givts month are credt sales, wrile the remainder are cash sales, of the credt sales, Bentfield Corporation has eaperienced the following collection patiotn 244 ropered is the month of the saie Stow toceived in the month ahter the sain 22W roce red has mortha aher the sale Jts of the ctets sales are rever recenved November aves for iast year wore \$100,000, whild December sales were $110,000. Projected saies for the next three moriths are as follows: Jasuary sales ............. \& 170,000 February sales 5. 125,000 Requirement Prepare a cash colloctions budget for the first quarter, with a column for each month and for the. quarter. (Fhound your answers to the nearest atole dollar) Beritield Corporation Cash isoliections Budget For the Months of January through March Castisaiei Gollectiont on credit salest 251 Mith of skie 50 Month aher 221i Twe monita aher Jenuary Total cakh obhection