Question 3 Duty Dog Retailers expects credit sales in the next quarter as follows: April 566,200 May 58.400 June 112,000 Prior experience has shown that 66 percent of a month's sales are collected in the month of sale, 25 percent are collected in the month following sale, and the remaining 9 percent are collected in the second month following sale. February and March sales were $92,500 and $109,000, respectively Estimate budgeted cash receipts for April May, and June. Collection of credit sales May June Collection of February sales Collection of March ales Collection of April sales Collection of May sales Collection of newles