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PLS HELP Budgeted sales at Ikee Corporation over the next four months are given below: Ikee Corporation estimates that 25% of the sales are for

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Budgeted sales at Ikee Corporation over the next four months are given below: Ikee Corporation estimates that 25% of the sales are for cash, and 75% on credit. Collections for sales on account follow a stable pattern as follows: 50% will be collected in the month of the sale, 30% in the month following the sale, 15% in the second month following the sale, and the rest uncollectible. Required: Calculate the expected cash receipts for December

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