Kessler Service anticipates the following sales revenue over a five-month period: November December January February March Sales revenue $16,500 $11,200 $15,200 $13,200 $14,400 The company's sales are 30% cash and 70% credit. Its collection history indicates that credit sales are collected as follows: 25% in the month of the sale 50% in the month after the sale 20% two months after the sale 5% are never collected How much cash will be collected in January? In February? In March? For the quarter in total? Kessler Service Cash Collections Budget For the Months of January through March January February March Quarter X Cash sales Collections on credit sales: 25% month of sale 50% month after 20% two months after Total cash collections