LaChut Corporation has found that 80% of its sales in any given month are credit sales, while the remainder are cash sales Of the credit sales, LaChut Corporation has experienced the following collection pattern 20% received in the month of the sale 40% received in the month after the sale 22% received two months after the sale 18% of the credit sales are never received Cash sales Collections on credit sales: 20% Month of sale 40% Month after 22% Two months after Total cash collections LaChut Corporation Cash Collections Budget For the Months of January through March January February March Quarter November sales for last year were $85,000, while December sales were $115,000 Projected sales for the next three months are as follows January sales. February sales ... March sales. $ 160,000 $ 125,000 170,000 $ 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)

remeinder aye cash sales of the ciedt sales, tachut Corporaton has expenenced the lollowing coloction paltem 205 recerved in the monfi of the sale 40.5 received in the monbi after the sale 225 rocenged two moners after the swio 18 \\% of the Gedit saies ate never recolved November sales foc last year were \\( \\$ 85,000 \\), whie Decenteor salos wern \\( \\$ 15,000 \\) Propected swes for the nex three moncho aro as follows January sales................ 5 160,000 Fobruary aies \\( 5 \\quad 175,000 \\) March sales. 5170.000 Requirement Prepare a cash colections budper tor the fres quarter, wh a colunn for each month and foe the guarter (Fiound your moswers to the nearest whole dollar? Lachut Corporation Cash Collections Budget For the Months of January through March Cavisaies Cotectons on condt salos: 20\\%, Month of sain 40\\%, Month afler 225 teo months afe! Total cash collections Lachut Corpocation has found that \80 of th sales in arry gven month ate crodit sales, while the remander are cash sales. Of the cedisales, LaChut Corpocaton has experienced the following colection pattern 20\\% recerved in tho month of the sale \40 receved in the month afler the sale Zno receved wo months ater tho sale \18 of the credt sales are newer received November sales for last year were \\( \\$ 85,000 \\), while Docember sales wete \\( \\$ 115,000 \\) Prcjectod swes for the ned three moners ace as follows Requirement Prepare a cassic collectors budget for the tirst quarsec, with a column for each month and for the quarter (Fround your answers to the neerest whtob dolar