Jaime's Hat Shop sells hats with school logos on them; the hats sell for $22 each. This year, Jaime's expects to sell 350 hats in August, 300 in September, 400 in October, 800 in November, 1040 in December and 750 in January. On average, 25 per cent of customers purchase on credit. Jaime's allows those customers to pay for their purchases the month after they have made their purchases.

Prepare a sales budget for Jaime's Hat Shop for the second quarter of this financial year. Include the expected cash collection schedule for the second quarter of this financial year. If an amount box does not require an entry, leave it blank or enter "0".

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