Ruby Service anticipates the following sales revenue over a five-month period: Its collection history indicates that credit sales are collected as follows: (Click the icon to view the sales data.) i(Click the icon to view the collections data.) The company's sales are 20% cash and 80% credit. How much cash will be collected in January? In February? In March? For the quarter in total? X Complete the cash budget to determine how much cash will be collected in January, February, March and for the quarter in total. More info Ruby Service Cash Collections Budget 20% in the month of the sale For the Months of January through March 40% in the month after the sale January 30% two months after the sale Cash sales 3000 10% are never collected Collection of credit sales: 20% Month of sale 480 40% Month after 30% Two months after Print Done Total cash collections - X Data table November December January February March Sales revenue ....... . $ 16,200 $ 10,200 $ 15,000 $ 12,000 $ 14,200