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Schedule of Cesi Collections on Rocounts Recevable and Cesh Budget Selig Inc. found that about 25% of its seles during the month were far cesh. The company has the follawing accounts rece vable collection experience: Selig s antipated sales for the next few monthe are as follrws: This infarnstion has beer collected in the Micrasot Excel Online file. Open the spreadshees, perform the required analysis, and input yeur answers in the Open spresdsheet Required: Do not round Intermediate calculations. Raund all amounts to the nearest dollar. 1. Caiculte crodit sales for \$aY, Ju7c, dulY, and august 2. Prepare a sotedule of cesh reoeipts for Juiy arid hupust. Required: Do not round intermediate calculations. Round all amounts to the nearest dollar. 1. Calculate credit sales for May, June, July, and August. 2. Prepare a schedule of cash receipts for July and August. 1 more Check My Work uses remaining