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I posted the image with the information and the rest underneath the image. Thank you Madden Inc. has the following sales budget for the first

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I posted the image with the information and the rest underneath the image. Thank you

image text in transcribed
Madden Inc. has the following sales budget for the first two quarters of next year: January $250:000 April $220,000 February $200,000 May $245,000 March $230,000 June 5198/000 Cash collections have been determined to follow the pattern below: 60 percent of sales collected in month of sales 25 percent of sales collected in month after sale 12 percent of sales collected two months after sale 3 percent of sales is uncollectible

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