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The following is the sales budget for Lemonis, Incorporated, for the first quarter of 2 0 2 2 : January February March Sales budget $

The following is the sales budget for Lemonis, Incorporated, for the first quarter of 2022:
January February March
Sales budget $ 138,000 $ 155,000 $ 170,000
Credit sales are collected as follows:
70 percent in the month of the sale.
25 percent in the month after the sale.
5 percent in the second month after the sale.
The accounts receivable balance at the end of the previous quarter was $68,750($60,000 of which was uncollected December sales).
Compute the sales for November.
Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g.,32.
Compute the sales for December.
Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g.,32.
Compute the cash collections from sales for each month from January through March.

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