Topaz Service anticipates the following sales revenue over a five-month period (Click the icon to view the sales data) The company's sales are 40% cash and 60% credit: C (Click the icon to view the collections data) How much cash will be collected in January? In February? In March? For the quarter in total Complete the cash budget to determine how much cash will be collected in January, February, March and for the quarter in total (Round your answers to the nearest whole dollar) Topaz Service Cash Collections Budget For the Months of January through March Cash Sal Collection of crede sales 20% Month of sale 40% Month after 35% Two months after Total cash collections January Data table November Sales revenue $ 16,000 December January February March $ 10,600 $ 15,400 $ 13,200 $ 14,200 er determine how much cash will be collected in January, February, March and for the quarter in total. (I More info -X For the 20% in the month of the sale 40% in the month after the sale 35% two months after the sale 5% are never collected Print Done