please help with both questions!! will thumbs up!

Gumble Department Store reported the following credit sales for the fourth quarter: Customer amounts on account are collected 50% in the month of sale and 50% in the following month. How much cash will Gumble receive in December? $1,300,000 $1,200,000 $1,440,000 $720,000 A sales budget vsshows a forecast for the firm only. shows a forecast for the industry only. shows forecasts for the industry and for the firm. plays a minor role in the development of the master budget