Use the following to answer questions 3 & 4: Rome Company will open a new store on Janualy 1 _ Based on experience from its other retail outlets, Rome is making the following sales projections: Cash Sales Credit Sales January. February _ March. _ April. S60,ooo S30,ooo S40,ooo S40,ooo S40 ooo sso,ooo S60 ooo sso,ooo Rome Company estimates that 70% of the credit sales will be collected in the month following the month of sale, and the remaining 30% Will be collected in the second month following the month of sale.