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Smith Corporation has found that 60% of its sales in any given month are credit sales while the remainder are cash sales Or the credi

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Smith Corporation has found that 60% of its sales in any given month are credit sales while the remainder are cash sales Or the credi sales, Smith Corporation has experienced the following colloction pattern November sales fer last yoar were $80,000, while December sales were $110.000. Profected sales for tho next three months are as follows. Requirement Prupare a cash cellections budget for the first quarter, with a column for each month and for the quarter. (Round your answors to the nearest whole dollar)

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