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Service anticipates the following sales revenue over a five-month period: NOVEMBER DECEMBER JANUARY FEBRUARY MARCH SALES REVENUE $16200 $10000 $15600 $13200 $14800 The company's sales

Service anticipates the following sales revenue over a five-month period:

NOVEMBER DECEMBER JANUARY FEBRUARY MARCH
SALES REVENUE $16200 $10000 $15600 $13200 $14800

The company's sales are 40 % cash and 60 % credit. Its collection history indicates that credit sales are collected as follows:

25% Month of sale

50% Month after

15% Two Months after

10% are never collected

How much cash will be collected in January? In February? In March? For the quarter in total? Complete the cash budget to determine how much cash will be collected in January, February, March, and for the quarter in total. (Round your answers to the nearest whole dollar.)

CASH SALES JANUARY FEBRUARY MARCH QUARTER
COLLECTION OF CREDIT SALES
25% MONTH OF SALE
50% MONTH AFTER
15% TWO MONTHS AFTER
TOTAL CASH COLLECTION

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