q3 part (b)

Question 3 (Part B) Best Athletics Ltd, which develops and runs athletics training programs for primary schools, has budgeted revenue for the first 6 months of 2022 as follows: Month January February March April May June Budgeted revenue $10 000 50 000 80 000 25 000 80.000 60 000 All revenue is provided on account and Best Ltd posts out the account statements on the last day of each month for that month's services. Schools are given 14 days to pay and 70% of schools pay within the month. The other 30% usually pay the following month. In December 2021 Best Athletics Ltd provided no training programs as the schools were preparing for the end- of-year break. The company also made sure that all outstanding balances owed by schools from November were paid before the end of December 2021. Required Prepare a schedule of estimated cash collections from revenue for the first 6 months of 2022 for Best e Athletics Ltd. (13 marks)