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Gem Service anticipates the following sales revenue over a five-month Gem Service's collection history indicates that credit sales are period: (Click the icon to view

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Gem Service anticipates the following sales revenue over a five-month Gem Service's collection history indicates that credit sales are period: (Click the icon to view the sales data.) (Click the icon to view the collections data.) Gem Service's sales are 20% cash and 80% credit. How much cash will be collected in January? In February? in Marrh? Complete the cash budget to determine how much cash will be collected in January. February, and in March. (Round your answers to the nearest whole dollar.) Sales Data More info - 30% in the month of the sale - 60% in the month after the sale - 8% two months after the sale - 2% are never collected

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