The Duffy Dog Antique Mall budgeted credit sales in the first quarter of 2021 to be as follows: $204,800 January February March 217,600 232,000 Credit sales in December 2020 are expected to be $256,000. The company expects to collect 70 percent of a month's sales in the month of sale and 30 percent in the following month. Estimate cash receipts for each month of the first quarter of 2021. January February March Collection of credit sales Collection of December sales $ Collection of January sales Collection of February sales Collection of March sales