Nebraska Corporation has provided the following details concerning budgeted sales: All sales are made on account. The collection policy of the company is to collect 25% in the month of sale and 75% in the following month. December actual sales were $90,000. 1) Calculate the total cash receipts for January, February and March. Nebraska Corporation has provided the following details concerning budgeted sales: All sales are made on account. The collection policy of the company is to collect 25% in the month of sale and 75% in the following month. December actual sales were $90,000. 1) Calculate the total cash receipts for January, February and March