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LaChut Corporation has found that 70% of its sales in any given month ace credit sales, while the temainder are cash sales. Of the credit

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LaChut Corporation has found that 70% of its sales in any given month ace credit sales, while the temainder are cash sales. Of the credit sales, LaChut Corporation has experienced the following collection pattem: November sales for last year were $05,000, while Decenber sales were $110.000 Projected sales for the next three months are as follows: 25% received in the month of the salo 50% recolved in the month atter the sale 200 received two months after the sale 5% of the credin sales are never received Requitement Prepare a cash collections budgot for the fist quarter, with a column for each month and for the quarioc. (Round your answers to the newest whice collar)

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