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Kent Corp budgets sales for January, February and March to be $190,000, $230,000 and $280,000, respectively, Kent budgets 30% of sales to be cash and

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Kent Corp budgets sales for January, February and March to be $190,000, $230,000 and $280,000, respectively, Kent budgets 30% of sales to be cash and the rest to be credit sales. The credit sales will be collected 10% in the month of the sale and 90% in the following month Compute a schedule of Kent's cash receipts for the months of February and March, February March Budgeted cash receipts

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