Garnet Service anticipates the following sales revenue over a five-month period E Click the icon to view the sales data) The company's sales are 40% cash and 60% credit For the Months of January through March Its collection history indicates that credit sales are collected as folows: (Click the icon to view the collections data) How much cash will be collected in January? In February in March? For the quarter info Quarter Cash sales Collection of credt sales: 25% Month of sale 50% Month after 15% Two months after Total cash collections January March November $ 16,000 December $ 10,600 February $ 12,200 Sales revenue $ 15,800 $ 14,600 25% in the month of the sale 50% in the month after the sale 15% two months after the sale 10% are never collected