The months and values are as follows: November=18,000; December=24,000; January=28,000; February=18,000; March=21,000

November December sary February March SIS 000 Byerly Corporation's sales are 40% cash and 60% credit. The Byerly Corporation's collection history indicates that credit sales are collected as follows: 20% Month of sale Month after sale 50% Two months after sale 25% Uncollectible 5% Required: Prepare a cash collections budget for each month in the quarter (January, February, and March) and for the quarter in total