Graham Potato Company has projected sales of $15,000 in September, $17,500 in October, $25,000 in November, and $21,000 in December Of the company's sales, 25 percent are paid for by cash and 75 percent are sold on credit Experience shows that 40 percent of accounts teceivable ate paid in the month after the sale, while the remaining 60 percent are paid two months after Determine collections for Novernber and December Also assume Graham's cash payments for November and December are $21,000 and $13,500, respectively The beginning cash balance in Novembet is $5,000, which is the desired minimum balance o. Prepare a cash receipts schedule for November and December b. Prepare a cash budget with borrowing needed or repayments for November and December Note: Negative amounts should be indicated by a minus sign. Assume the November beginning loan bolance is $0. Leave no cells blank be certain to enter 0 wherever required