Scholastic Leaming had prepared the following sales budget, schedule of budgeted cash recoipts, and cash budgot for 2025 : Suppose a change in the receipt of cash from saies on account is as follows: (Click the loon to view the original budgets.) (Click the icon to view the covised receipt of cash informaton.) Scholassic Learning decided to revise its sales budget to show fourth quarter salos of Read the teguitaments. 850 tablets due to the expectation of increased holday sales. (Click the icon to view the revised sales budget.) Requirement 1. Revise the schedule of budgated cash receipts to include the increase in fourth quarter sales and the change in the timing of customer reseipts. (if an ingut field is not used in the table, leave the input fiold empty, do not enter a zero. Round your answers to the nearest dollar.) Cash Receipts from Customers: Original Budgets sales on account is as follow of casti information) Original Budgets Accounts Recelvable balance, December 31, 2025: \begin{tabular}{|l|l|l} \hline 4n Qer-Credit sales (70%),40% collected in 1st qtr of 2026 & 5 & 134,400 \\ \hline \end{tabular} Scholastic Learning Cash Budget For the Year Ended December 31, 2025 Original Budgets sales on account is of cesh information. reierence Requirements 1. Revise the schedule of budgeted cash receipts to include the increase in fourth quarter sales and the change in the timing of customer receipts. 2. How will the changes in cash receipts affect the cash budget? 60% in the quarter of the sale 20% in quarter after the sale 19% two quarters after the sale 1% never collected