The NFL sells custom jerseys to retail stores. All sales are made on account. Sales for Dec 2022 totalled $334,000. Sales are expected to grow at a rate of 12% per month. The NFL's collection experience is that $75% of accounts receivable will be collected in the month of sale, 23% in the next month, and 2% of receivables will be written off. The balance in accounts receivable at the end of December was $76,820.

Prepare the sales budget for Jan, Feb, and March

Prepare a cash receipts schedule for March only