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need help asap Rovniak Reeds, a manufacturer of saxophone, oboe, and clarinet reeds, has projected sales to be $898,000 in October, $958,000 in November, $1,060,000

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Rovniak Reeds, a manufacturer of saxophone, oboe, and clarinet reeds, has projected sales to be $898,000 in October, $958,000 in November, $1,060,000 in December, and $924,000 in January. Rovniak's sales are 20% cash and 80% 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

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