Samson Corporation has found that 80% of its sales in any given month are credit sales, while the remainder are cash sales. Of the credit sales, Samson Corporation has experienced the following collection pattern: 20% received in the month of the sale 40% received in the month after the sale 24% received two months after the sale 10% of the credit sales are never received Cash sales Collections on credit sales: 20% Month of sale 40% Month after 24% Two months aher Total cash collections Samson Corporation Cash Collections Budget For the Months of January through March January February March CTP Quarter November sales for last year were $80,000, while December sales were $120,000. Projected sales for the next three months are as follows: January sales... February sales. March sales... ..$ 145,000 $ 135,000 $ 185,000 Requirement Prepare a cash collections budget for the first quarter, with a column for each month and for the quarter. (Round your answers to the nearest whole dollar)