Question 4 Contrail Air, Inc. has the following sales budget and cash collection information: Credit Sales In the month of the sale 55% In the month after the sale 25% In the second month after the sale 15% A/R balance at the end of previous Q||$106,800 December uncollected sales $76,300 January February March $236,300||$245,600||$275,400 Sales Budget Compute the November Sales. $1,066,666.67 $203,333.33 $290,909.09 $1,220,666.67