K Monachino Corporation has found that 70% of its sales in any given month are credit sales, while the remainder are cash sales. Of the credit sales, Monachino Corporation has experienced the following collection pattern: View the collection pattern. 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.) Cash sales Collections on credit sales: 25% Month of sale 50% Month after 16% Two months after View additional information, Total cash collections Monachino Corporation Cash Collections Budget For the Months of January through March January 44,000 February 48,000 March 80,000 BECER Quarter 172,000

follewing collection pothern: Ylen Re coltection satien. Requirement