Gustev Reeds, a manufacturer of saxophone, oboe, and clarinet teeds, has projected sales to be $892,000 in October, $96 are 20% cash and 80% credt. The company's collection history indicates that credit sales are collected as follows: 25% in the month of the sale 60% in the month affer the sale 10% two months after the sale 5% are never collected Reatirements 1. Prepare a sales budget for all four months, showing the breakdown between cash and credit sales. 2. Proparea cash collection budget for December and January. Round all answers up to the nearest dollar Requirement 2. Prepare a cash collection budget for December and January Round all answers up to the nearest dollar