Nieto Company's budgeted sales and direct materials purchases are as follows. January $200,000 $30,000 36,000 250,000 38,000 Nieto's sales are 30% cash and 70% credit, credit sales are collected 10% in the month of sale, 50% in the month following sale, and 36% in the second month following sale; 4% are uncollectible. Nieto's purchases are 50% cash and 50% on account. Purchases on account are paid 40% in the month of purchase, and 60% in the month following purchase. (a) Prepare a schedule of expected collections from customers for March. (Round answers to o decinnalplaces eg, 2.500 Expected Collections from Customers of March credit sales Collection of February credit sales