Fielding Corporation has found that 70% of its sales in any given month are credit sales, while the remainder are cash sales. Of the credit sales, Fielding Corporation has experienced the following collection pattern: 25% received in the month of the sale 50% received in the month after the sale 15% received two months after the sale 10% of the credit sales are never received Cash sales Collections on credit sales: 25% Month of sale 50% Month after 15% Two months after Total cash collections Fielding Corporation Cash Collections Budget For the Months of January through March January