Trever feeds, a mature of saxophone, oboe, and creeds, has projected to be 100.000 in October in November 100.000 in December, and 1032.000 in January Trevers are cash and 70creditThe company collection History indicates that are close 20 the month of these 6th other the 14% two months after the 15 are never collected Requirements 1. Prepare a sales budget for at four months, showing the breakdown between cash and credit sales 2. Prepare a cashion budget for December and January Round lawers up to the nearest dolar Requirement 1. Prepare a ses budget for at four months, showing the breakdown between cash and credit sales Trever Reeds Sales Budget For the Four Months Ended January October November December January Cash sales Credit sales Total sales Trever Roods, a manufacturer of saxophone, oboe, and clarinet reeds, has projected sales to be $890,000 in October, S966,000 in November, $1,030,000 in December and $32,000 in January, Trever's sales are 30% cash and 70% credit. The company's collection history indicates that credit sales are collected as follows: 20% in the month of the sale 65% in the month after the sale 14% two months after the sale 1% are never collected Requirements 1. Prepare a sales budget for all four months, showing the breakdown between cash and credit sales 2. Prepare a cash collection budget for December and January. Round al answers up to the nearest dollar Requirement 1. Propare a sales budget for all four months, showing the breakdown between cash and credit sales. Trever Reeds Sales Budget For the Four Months Ended January October November December January Cash sales Credit sales Total sales