The Runner Antique Mall budgeted credit sales in the frst quarter of 2021 to be as follcws: January February March s 144,000 153,000 163,600 Credit sales in December 2020 are expected to be $180,000_ The company expects to col lect 60 percent of a month's sales in the month of sale and 40 percent in the follmving month. Estimate cash receipts for each month of the first quarter of 2021. Collection of credit sales Collection of December sales Collection of January sales Collection of February sales Collection of March sales January February March