The following is a schedule of the projected unit sales of Western Company, which manufactures casual wear. Each unit sells for $25 The company began the period with a beginning accounts receivable balance of $10,000. Choose the correct answer from the options provided Quarter First Second Third Fourth Year 1,500 1,300 1,400 1,300 5,500 Budgeted unit sales Percentage of sales collected in the quarter of the sale Percentage of sales .collected in the quarter after the sale 75% 25% Knowledge Check 01 What is the amount of budgeted sales revenue for the fourth quarter? O$32,500 O$33,750 O$35,000 $37,500 Knowledge Check 02 What is the amount of cash that is expected to be collected during the second quarter as a result of sales made during the first quarter? O $8,125 O $8,750 O $9,375 O$28,125 Knowledge Check 03 What is the total amount of expected cash collections for the third quarter? O $33,125 O $33,750 O $34,375 O $38.125