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Information pertaining to Noskey Corporation's sales revenue follows: Management estimates 5 % of credit sales to be uncollectible. Of collectible credit sales, 6 0 %

Information pertaining to Noskey Corporation's sales revenue follows:
Management estimates 5% of credit sales to be uncollectible. Of collectible credit sales, 60% is collected in the month of sale and the
remainder in the month following the month of sale. Purchases of inventory each month include 70% of the next month's projected
total sales (stated at cost) plus 30% of projected sales for the current month (stated at cost). All inventory purchases are on account;
25% is paid in the month of purchase, and the remainder is paid in the month following the month of purchase. Purchase costs are
approximately 60% of the selling price.
Required:
Determine for Noskey:
Budgeted cash collections in December 2021 from November 2021 credit sales.
Budgeted total cash receipts in January 2022.
Budgeted total cash payments in December 2021 for inventory purchases.
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