It sells to individ uals as well current year: $ 97,000 69,000$20,000 117,000 91,000 27,500 131,000 114 129,000 78,000 29,400 June July ,000 33,000 collected in the month of sale and 65 percent are collected in the folilowing month. All of Martin's purchases are on account with 50 percent paid in the month of purchase and 50 percent paid the following month. 1. Determine budgeted cash collections for July and August. (Round your intermediate calculations and final answers to nearest whole dollar) 2. Determine budgeted cash payments for July and August Budgeted Cash