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Jewel Service anticipates the following sales revenue over a five-month period: Its collection history indicates that credit sales are collected as follows (Cick the icon

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Jewel Service anticipates the following sales revenue over a five-month period: Its collection history indicates that credit sales are collected as follows (Cick the icon to view the sales data) (Click the icon to view the collections data) The company's sales are 30% cash and 70% credit. How much cash will be collected in January? in February in March? For the quarter in town? Complete the cash budget to determine how much cash will be collected in January February March and for the quarter in tow (Round your answers to the nearest whole dolar) Jewel Service Cash Collections Budget For the Months of January through March January Cash sales Collection of credits 25% Moth of sale O More 20%. Two months after Total cash collection nary, February, March and for the quarter in total. (Round your answers to the neares - X More Info 25% in the month of the sale 50% in the month after the sale 20% two months after the sale 5% are never collected Print Done get suah March X Data Table December March November $ 16,300 January $ 15,600 February $ 12,200 $ Sales revenue 10,400 $ 14,800 .... Print Done

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