January, Feb, March, and quarter

Samson Corporation has found that 60% of its sales in any given month are credit sales, while the rernainder are cash sales Of the credit sales, Samsan Corporation has experienced the following collection pattern Yex additional inlormation. Requirement Prepare a cash collections budget for the first quarter, with a column for each month and for the quarter (Round your answers to the nearest whole dollar.) Collection pattern 20% received in the month of the sale 40% received in the month after the sale 25% recisved two months after the salo 15% af the credit sales are never received Additional information November sales for last year were $95,000, while December sales wre $110,000 Projected sales for the next three monthe are as follows