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Gammaro Corporasion has found that 80% of its sales in any given month are credt sales, whlle the remainder are cash sales. Of the credit

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Gammaro Corporasion has found that 80% of its sales in any given month are credt sales, whlle the remainder are cash sales. Of the credit eales. Gammaro Corporation has experienced the following collection pattern: Novernber sales for last year were $90,000, while December sales were $110,000. Projected sales for the next throe months are as follows: 20% received in the month of the sale 40% recoived in the month affer the sole 24% received two months atter the sale 16% of the credit sales are never received Prepare a cash collections budget for the first quartec, wth a column for each month and for the quarter. (Round your answess to the nearest whole dollat)

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