Patrick's Retail Company is planning a cash budget for the next three months. Estimated sales revenue is as follows: Month Month Sales Revenue $350,000 300,000 Sales Revenue $250,000 200,000 April.. All sales are on credit; 60 percent is collected during the month of sale, and 40 percent is collected dur- ing the next month. Cost of goods sold is 80 percent of sales. Payments for merchandise sold are made in the month following the month of sale. Operating expenses total $52,000 per month and are paid during the month incurred. The cash balance on February 1 is estimated to be $35,000. Required Prepare monthly cash budgets for February, March, and April