Sesnie Corporation has found that 80% of its sales in any given month are credit sales, November sales for last year were $95,000, while December sales were $110,000. while the remainder are cash sales. Of the credit sales, Sesnie Corporation has experienced Projected sales for the next three months are as follows: the following collection pattern: January sales $ 185,000 25% received in the month of the sale February sales $ 115,000 50% received in the month after the sale March sales $ 200,000 24% received two months after the sale Requirement 1% of the credit sales are never received 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.) CO Cash Collections Budget For the Months of January through March January Cash sales Collections on credit sales: 25% Month of sale 50% Month after 24% Two months after Total cash collections