tps://v2.cengagenow.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker=assignments&takeAssignmentSessionLocator=assignment- eBook Calculator 4, next year 2. Construct a cash receipts budget for Shalimar Company for each quarter of the next year, showing the cash sales and the cash collections from credit sales. If an amount is zero, enter "0". Shalimar Company Cash Receipts Budget For the Coming Year Quarter 1 Quarter 2 Quarter 3 Quarter 4 Cash sales Received on account from: Quarter 3, current year Quarter 4, current year Quarter 1, next year 000 Quarter 2, next year Quarter 3, next year Quarter 4, next year Total cash receipts 000 00 00000 3. What if the recession led Shalimar's top management to assume that in the next year 10 percent of credit sales would never be collected? The expected payment percentages in the quarter of sale and the Check My Work Previous Email Instructor Save and Exit Submit Assignme C 199 2 3:25 AM 11/30/20