Martin Clothing Company is a retail company that sells hiking and other outdoor gear specially made for the desert heat. It sells to hividuals as well as local companies that coordinate adventure getaways in the desert for tourists. The following information is vailable for several months of the current year: 'he majority of Martin's sales (70 percent) are cash, but a few of the excursion companies purchase on credit. Of the credit sales, 25 ercent are collected in the month of sale and 75 percent are collected in the following month. All of Martin's purchases are on ccount with 45 percent paid in the month of purchase and 55 percent paid the following month. Required: . Determine budgeted cash collections for July and August. .. Determine budgeted cash payments for July and August. Complete this question by entering your answers in the tabs below. Determine budgeted cash collections for July and August. (Round your intermediate calculations and final answers to nearest whole dollar.) Complete this question by entering your answers in the tabs below. Determine budgeted cash payments for July and August