SOLVE ALL AND SHOW WORK PLEASE! ALSO FOR THE MONTHS OF FEBRUARY AND MARCH AND THE QUARTER IN TOTAL, AS WELL

Garnet Service anticipates the following sales revenue over a five-month period: E (Click the icon to view the sales data.) The company's sales are 20% cash and 80% credit. Its collection history indicates that credit sales are collected as follows: (Click the icon to view the collections data.) 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.) Garnet Service Data table Cash Collections Budget For the Months of January through March January November December March Cash sales January 15,600 February $ 12,800 Collection of credit sales: Sales revenue $ 16,100 $ 10,800 $ $ 14,000 25% Month of sale 50% Month after 20% Two months after Print Done Total cash collections More info 25% in the month of the sale 50% in the month after the sale 20% two months after the sale 5% are never collected Print Done