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please help with January, Febuary, March cash collections budget November sales for last year were $105,000, while December sales were $120,000. Projected sales for the

please help with January, Febuary, March cash collections budget
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November sales for last year were $105,000, while December sales were $120,000. Projected sales for the next three months are as follows: St. Germaine 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, St Germaine Corporation has experienced the following collection pattern: 25% received in the month of the sale 50% received in the month after the sale 16% received two months after the sale 9% of the credit sales are never received rary January sales... $ 145,000 February sales $ 125,000 March sales $ 175,000 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) rces BEBER n St. Germaine Corporation Cash Collections Budget For the Months of January through March January Cash sales Collections on credit sales: 25% Month of sale 50% Month after 10% Two months after Total cash collections

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