St Germaine Corporation has found that 80% of its sales in any given month are credit sales, while the remainderare cash sales. Of the credit sales, St Germaine Corporation has experienced the following collection pattern November sales for last year were $105.000, while December sales were $110.000. Proiected sales for the next three months are as follows: 25% received in the month of the sale 50% received in the month after the sale 16% received two months after the sale 9% of the credit sales are never received January sales 160.000 February sales....... .. $ 115.000 Marches ... 180.000 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 d ar) Cash Collections Budget For the Month of January through March Cashes Collections on credit was 25% Month of sale Som More 18% Two months after Total cash colections Enter any number in the edit fields and then click Check Answer Check