QUESTION 1 - Budgeting (10 marks) Hobby Gardens is a garden design and landscaping business. The business started in December 2022 and at the end of the month it had a bank balance of $52,800. The actual sales for December were $150,000. All sales are on credit. Credit sales are normally settled according to the following pattern: 70 per cent in the month following sale, and 25 per cent in the second month following the sale. Five per cent of accounts are never settled. Required: a. Complete the schedule of expected collections from credit sales for Hobby Gardens