Project $$160,000$ in sales for October

Expect $20\%$ sales growth in November and December; Jan sales expecation: $200,000$ ;

Expect $75\%$ of sales will be on account

Expect all credit sales will be collected the following month

October is the first month of operation

Hampton Hams Company

Sales Budget

Section $1$: Projected Sales

Section $2$: Schedule of Cash Receipts

Please use Excel formulas to solve this assignment