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Question Help 5 Garnet Service anticipates the following sales revenue over a five-month period: Click the icon to view the sales data.) The company's sales

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Question Help 5 Garnet Service anticipates the following sales revenue over a five-month period: Click the icon to view the sales data.) The company's sales are 30% cash and 70% credit. Its collection history indicates that credit sales are collected as follows: (Click the icon to view the collections data.) How much cash will be collected in January? In February? In March? For the quarter in total? Complete the cash budget to determine how much cash will be collected in January, February March and for the quarter in total. (Round your answers to the nearest whole dollar) Garnet Service Cash Collections Budget For the Months of January through March January Cash sales Collection of credit sales: 25% Month of sale 50% Month after 15%. Two months after Total cash collections Enter any number in the edit folds and then click Check Answer, 3 parts remaining Clear All Check Answer Garnet Service i Data Table November December February March of cred January $ 15,600 Sales revenue $ 16,600 $ 10,600 $ S Honth of 12,200 14,400 Month a Two mod Print Done sh collections i More Info Cas For the Mon 25% in the month of the dale 50% in the month after the sale 15% two months after the sale 10% are never collected Print Done

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