Instruments and More, Ltd., a manufacturer of saxophone, oboe, and clarinet reeds, has projected sales to be \\( \\$ 908,000 \\) in October, \\( \\$ 950,000 \\) in November, \\( \\$ 1,025,000 \\) in December, and \\( \\$ 920,000 \\) in Requirement 2. Prepare a cash collection budget for December and January. (Round all answers up to the nearest dollar.) Instruments and More, Ltd., a manufacturer of saxophone, oboe, and clarinet reeds, has projected sales to be \\( \\$ 908,000 \\) in October, \\( \\$ 950,000 \\) in November, \\( \\$ 1,025,000 \\) in December, and \\( \\$ 920,000 \\) in January. The company's sales are \22 cash and \78 credit, and collection history indicates that credit sales are collected as follows: \28 in the month of the sale \62 in the month after the sale \6 two months after the sale \4 are never collected Requirements 1. Prepare a sales budget for all four months, showing the breakdown between cash and credit sales. 2. Prepare a cash collection budget for December and January. Round all answers up to the nearest dollar