Leret Reeds, a manufacturer of saxophone, oboe, and clarinet reeds, has projected soon to be $892,000 in October. 5962,000 in November, $1,040,000 in December, and $936,000 in January. Loret's salos are 30% cash and 70% credit. The company's collection history indicates that credit sales are collected as follows: 25% in the month of the sale 60% in the month after the sale 12% two months after the sale 3% are never collected Requirements 1. Prepare a sales budget for all four months, showing the breakdown between cash and credit sales. 2. Prepare a cash collection budget for December and January, Round all answers up to the nearest dollar