The LaGrange Corporation had the following budgeted sales for the first half of the current yeac The compary is in the process of preparing a cash budget and must cetermine the expected cant colections by moneh To this end, the following information has been assembied: Collections on sales: \50 in mowh of sole \30 in month following sale \20 in second month following sale The unt cosh collected duing January by Labrange Corpersion wovid be Muiche chene \\( \\$ 200000 \\)