The following is the sales budget for Kulp, Inc., for the first quarter of 2012:

	January			February			March
Sales budget	$	206,000		$	226,000		$	249,000

Credit sales are collected as follows:

55 percent in the month of the sale

30 percent in the month after the sale

15 percent in the second month after the sale

The accounts receivable balance at the end of the previous quarter was $90,000 ($60,000 of which was uncollected December sales).

a.	Calculate the sales for November.

November sales

$

b.	Calculate the sales for December. (Round your answer to 2 decimal places. (e.g., 32.16))

December sales

$

c.	Calculate the cash collections from sales for each month from January through March. (Round your answers to 2 decimal places. (e.g., 32.16))

	Cash collections
January	$
February	$
March	$