Pillows l.id, makes decorative throw pillows for home use. The following Information was taken from the Pillows Ltd, sales budget: Click the icon to view the first quarter sales budget.) Assume the following additional information was gathered about the types of sales made in the fourth quarter (October through December) of the previous year (Click the icon to view the fourth quarter sales budget.) The following information was taken from the Pillows Ltd, direct materials budget: Click the icon to view information from the direct materials budget.) Read the requirements Requirement 1. Prepare the cash collections budget for January February, and March, as well as the summary for the first quarter. Pillows Ltd. Cash Collections Budget For the Quarter Ended March 31 January February March 1st Quarter Cash sales Colections on credit sales 75% of credit sales made last month 15% of credit sales made two months ago 8% of credit sales made three months ago Total cash collections similar tol HW Score: NO. 6.9 of points O Points of Data table w The word om the stat de lek te www.omrombo) Read teh DV Post Excerptron De Materials Budget For the Gamer Ended March February March Tat uw Total cost of purchase 0.00 100.000 11.30 3.00 as the cost of our purchases in December 25.000 The corpore als purchase the shape the other purch Data table Print Done Powe Sales type of For the Quarter Ende Mar 31 January February Tatuer Cash sales 1057 $225.000 340.000 $65.000 Credit sales sow 110,000 2025,000 2.100.000 598.000 Total sales 51 210 12.250.000 200.000 $150,000 The many contentory indicates the Tex of credit sale la collocted in the more att 165 cm stort for the sale and the verb Data table on out 75% orded 15 ofertad amide mal cash collections PM Beles Budget Type For the Quarter Endede October November Decor . 143300 1513005 100 6300 700 123.400 $ 427.000 613.00 1.376.000 Print Type of Can (10% Cras Dono 360 3.500 3.00 Prin Done