St. Germaine Corporation has found that T0% of its sales in any given month are oredlt sales, while the November sales for last year were $110,000, while December sales were $125,000. Projected sales for remainder are cash sales Ofthe credit sales, St, Germaine Corporation has experienced the following the next three months are as tollows' collection pattern. January sales ............... $ 145000 25% received in the month of the sate February sales .............. $ 130,000 50% received in the month after the sale MarchsalesQHWUOO 20% received two months after the sale Requirement 5% of the credit sales are never reoetved Prepare a cash collections budget for the rst quarter, with a column for each month and for the quarter (Round your answers to the nearest wh ole dollar.) St. Germaine Corporation Cash Collections Budget For the Months of January through March January Cash sates Collections on credit sales: 25% Month of sale 50% Month aer 20% Two months alter Total cash collections