refer to this chart to answer the required 1 and 2 boxes

Martin Clothing Company is a retail company that sels hiking and other outdoor gear specially made for the desert heat:-l sells to Indivifuabs as wel as lochal companies that coordinate adventure getaways in the desert for tourists. The following information is wallabie for 5 everal months of the current year. The majority of Martin's sales 70 percent are cash, but a few of the excursion companies purchase on credit Of the crenit sales; 35 percent are coliected in the month of sale and 65 percent are collected in the following month. All of Martin purchases are on account with 55 percent paid in the monti of gurchate and 45 percent paid the following month. Required: 1. Determine budgeted cash collections for Juhy and Auybust. 2. Determine botgeted cash payments for July and August. Complete this question by entering your answers in the tabs bolow. Determine badgeted cash collections for kuly and August: KRound your intermatiate cavoulations and final ansnert to nearest Wbole dollae.) Martin Clothing Company is a retail company bat sells hiking and other outaioor gear specially made for the desert heat. it selis to individuais as well as local companies that coordinate adventure getaways in the desert for lounists. The following information is available for several months of the current year The majority of Martin's sales (70 percent are cash, but a few of the excimion companies purchase on credt, Of the credit sales. 35 percent are collected in the month of sale and 65 percent are collected in the following month. Al of Martin's purchases are on. account with 55 percent paid in the month of purchase and 45 percent iadid the following month. Required: 1. Determine budgeted cash collections for July and August 2. Determine budgeted cash payments for July and August Cimplete this question by entering your answers in the tabs below. Determine budgeted cath payments for July and Augutt. Required: 1. Determine budgeted cash collections for July and August. 2. Determine budgeted cash payments for July and August. Complete this question by entering your answers in the tabs below. Determine budgeted cash collections for July and August. (Round your intermedlate calculations and final whole dollar.) Required: 1. Determine budgeted cash collections for July and August. 2. Determine budgeted cash payments for July and August. Complete this question by entering your answers in the tabs below. Determine budgeted cash payments for July and August. Martin Clothing Company is a retail company that sells hiking and other outdoor gear specially made for the desert heat. It sells to Individuals as well as local companies that coordinate adventure getaways in the desert for tourists. The following information is avaliabie for several months of the current year: The majority of Martin's sales (70 percent) are cash, but a few of the excursion companies purchase on credit. Of the credit sales, 35 percent are collected in the month of sale and 65 percent are collected in the following month All of Martin's purchases are on account with 55 percent paid in the month of purchase and 45 percent paid the following month. Required: 1. Determine budgened cash collections for July and August. 2. Determine budgeted cash payments for July and August. Complete this question by entering your answers in the tabs below