Question 9 of 10 - / 10 View Policies Current Attempt in Progress In the coming year, Oriole, Inc. will be introducing its first product, a wrist brace that protects serious video gamers from repetitive- motion injuries. The brace will be sold for $13.00 to retailers throughout the country. All sales will be made on account. An expected 65% of sales will be collected within the quarter of the sale, and another 30% in the quarter following the sale. The remaining 5% of credit sales are expected to be uncollectible. The sales budget for the coming year is as follows: 1st Quarter 28,000 2nd Quarter 3rd Quarter 4th Quarter 43,000 54,000 75,000 Budgeted sales units Prepare Oriole, Ine's cash receipts budget for the coming year. (Enter answers in necessary fields only. Leave other fields blank. Do not enter 0. Round "Budgeted sale price" and "Cash Receipts Budgets answers to 2 decimal places, eg. 52.75 and all other answers to Odd-imal places, eg. 5,275) Sales Budget TU Sales Budget 1st Quarter 2nd Quarter 3rd Quarter 4th Quarte Budgeted units sold Budgeted sales price $ 5 s Budgeted sales revenue $ S $ Cash Receipts Budget Ist Quarter 2nd Quarter Brd Quarter 4th Quarter Ist quarter sales $ $ 5 2nd quarter sales 3rd Quarter sales 4th quarter sales Totals Question 9 of 10 > -10 E Sales Budget 3rd Quarter 2nd Quarter Ath Quarter Annual 5 Cash Receipts Budget 2nd Quarter 3rd Quarter 4th Quarter Bad Debt 3 $ 5 $ $ $ 5 Determine the Net Accounts Receivable at the end of the year. Net Accounts Receivable $ e Textbook and Media Save for Later Attempts: 0 of 3 used