HW for chapter 22 Instructions: Please use the following provided information to project each quarter payment \begin{tabular}{|l|l|l|l|l|l|} \hline & 1st Quarter & 2nd Quarter & 3rd Quarter & 4th Quarter & Total \\ \hline Total sales from Sales Budget & $523,123 & $530,230 & $552,300 & $560,520 & \\ \hline Cash Receipts from Customers: & $62,000 & & & & \\ \hline Accounts Receivable balance, December 31, 2022 & & & & \\ \hline 1st Qtr - Cash sale (30\%) & & & & & \\ \hline 1st Qtr - Credit sales (70\%), 60\% collected in 1st quarter & & & & & \\ \hline 2nd Qtr - Cash sale (30\%) & & & & & \\ \hline 2nd Qtr - Credit sales (70\%), 60\% collected in 2nd quarter & & & & & \\ \hline 2nd Qtr - Credit sales (70\%), 40\% collected in 3rd quarter & & & & & \\ \hline 3rd Qtr - Cash sale (30\%) & & & & & \\ \hline 3rd Qtr - Credit sales (70\%), 60\% collected in 3rd 2nd quarter & & & & \\ \hline 3rd Qtr - Credit sales (70\%), 40\% collected in 4th quarter & & & & & \\ \hline 4th Qtr - Cash sale (30\%) & & & & & \\ \hline 4th Qtr - Credit sales (70\%), 60\% collected in 4st quarter & & & & & \\ \hline Total Receipts from Customers & & & & & \\ \hline \end{tabular}