Smith Corporation has found that of its swany w month are credit while the remainder caches of the sales Smith tinhas preced the following collection pattern 20% received in the month of these 409 received in the mother the sale 24.received two months at the sale 16% of the credits exceed November for anyuw were 000, while Deco 5110000 Process the next three months are as follow Jy sales 5 175.000 For sale $120.000 Muchas 5 185.000 Requirement Prepare cash collection budget for the first quarter with a col for each month and for the ground Yeni to the whole du your answers to th Cas collections Budget For the Months of January through March January February March Quarter Cash sales Collections on credit sales 20% Month of sale 40% Month after 24% Two months after Total cash collections