(Part 1) Green Depot is a retailer that is preparing it's budget for the upcoming fiscal year. Management has prepared the following summary of its sales revenue y quarter 204 Quarter 3 Quarter 4 Quarter Budgeted Sales Revenue 220,000 330,000 240,000 150,000 85% of the sales revenue is collected in the quarter the sales are made and the remaining 15% is collected in the following quarter. On January qut of the current year, the company's balance sheet showed $25,000 in accounts receivable, all of which will be collected in the first quarter of the year. Bad debts are negligible and can be ignored. (Part 2) Management of Green Depot also prepared the following summary pertaining to their cost of raw materials purchase for the current year. quarter and Quarter 3 Quorter on Quarter cost of raw materials to be 250,000 120.000 210.000 10,000 purchased 70% of the cost of raw materials purchases is paid in the quarter the purchases are made, and the remaining 30% is paid in the following quarter. On January of the current year, the company's balance sheet showed $50,500 in accounts payablo, all of which will be paid for in the first quarter of tho year