Gammaro 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, Gammaro Corporation has experienced the following collection pattern: 20% received in the month of the sale 40% received in the month after the sale 25% received two months after the sale November sales for last year were $100,000, while December sales were $115,000. Projected sales for the next three months are as follows: January sales... .................$ 145,000 February sales ...............$ 125,000 March sales .................$ 165,000 Requirement Prepare a cash collections budget for the first quarter, with a column for each month and for the quarter. (Round your answers to the nearest whole dollar.) 15% of the credit sales are never received Gammaro Corporation Cash Collections Budget For the Months of January through March January Cash sales - - - Enter any number in the edit fields and then click Check