Mark Wall will be opening his company called MW Catering in January of the next year. He predicts that January, February and March will generate $$110,000,$ $$160,000$ and $$100,000$ worth of sales respectively. The company expects to sell $30\%$ of its products for cash. Of the sales on account, $55\%$ are expected to be collected in the month of the sale, $30\%$ in the month following the sale and the remainder in the following month. Prepare the cash receipts section of the cash budget.

Do not enter dollar signs or commas in the input boxes.

Round your answers to the nearest whole number.

MW Catering

Cash Receipts

For January, February and March

January February March

Cash sales $Answer

$Answer

$Answer

Collections from credit customers $Answer

$Answer

$Answer

Total Cash Receipts $Answer

$Answer

$Answer