Quiz instructions 1 pts Question 2 Bardhed Malay Merchandising Co. sels Rutgers gear branded as the Scarlet Knights. The following budgeted data relate to their store Sales budgeted at $280.000 for November $240.000 for December, and $190,000 for January Collections are expected to be 52% in the month of sale, 45% in the month following the sale, and 3% uncollectible, The cost of goods sold as 75% osales Payment for merchandises made in the month following the purchase Ending Merchandise leventory should equal 12% of the following month's cost of goods sold. Other monthly expenses to be paid in case 523.400. Monthly direciation is $19.000 related to office equipment portes Expected canh collections in December $15.00 100 30 Pro Next MacBook Pro