St. Germaine Corporation has found that 70% of its sales in any given month are credit sales, November sales for last year were $100,000, while December sales were $120,000. while the remainder are cash sales. Of the credit sales, St. Germaine Corporation has experienced the following collection pattern: 20% received in the month of the sale 40% received in the month after the sale 24% received two months after the sale 16% of the credit sales are never received 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.)