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Ruby Service anticipates the following sales revenue over a five-month period: (Click the icon to view the sales data.) The company's sales are 40% cash

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Ruby Service anticipates the following sales revenue over a five-month period: (Click the icon to view the sales data.) The company's sales are 40% cash and 60% credit. Complete the cash budget to determine how much cash will be collected in January, February, March and for the quarter in Ruby Service Cash Collections Budget For the Months of January through March January Cash sales Collection of credit sales: 20% Month of sale 40% Month after 25% Two months after Total cash collections 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? r in total. (Round your answers to the nearest whole dollar.) i Data Table November March December $ 11,000 January $ 15,000 February $ 12,000 $ 16,400 $ Sales revenue 14,800 Print Done

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