pls include formulas and if possible step by step solution. tnx.

April 6. From the following, Calculate the collection for the first quarter 2022 for Chico Company: (15 pts.) December January February March Sales (75% credit) P 85,000 42,500 55,000 67,500 Cash customers are given 2% discounts. 40% of Credit customers usually settle their accounts within 15 days to avail 1% discount while the rest pays within 31-45 days. 72,000 Month Total Qtr. Sales Cash Receipts