Sesnie Corporation has found that 60% of its sales in any given month are credit sales, while the remainder are cash sales. Of the credit sales, Sesnie Corporation has experienced the following collection pattern: November sales for last year were $85,000, while December sales were $115,000. Projected sales for the next three months are as follows: 25% received in the month of the sale 50% received in the month after the sale January sales $ 145,000 February sales $ 120,000 March sales. $ 195,000 Requirement Prepare a cash collections budget for the first quarter, with a column for each month and for the quarter. (Round your answers to the nearest whole dollar.) 24% received two months after the sale 1% of the credit sales are never received Sesnie Corporation Cash Collections Budget For the Months of January through March January February $ 58,000 Cash sales Collections on credit sales: 25% Month of sale 21,750 50% Month after 34,500 12.240 24% Two months after $ 126,490 Total cash collections Enter any number in the edit fields and then click Check