Two Hundred Company (200 Co.) is a manufacturer of carpets and wants to set up a cash budget starting in the first quarter of 2022. They have requested you prepare the cash budget and provided information on their forecasted collections and spending. Here is the expected sales by month: Expected Sales January 550,000 February 600,000 March Total 600,000 1,750,000 Two Hundred Co. does 100% of their sales on credit, with 75% collected in the month of the sale and 25% collected in the month after the original sale. Accounts Receivable for December 21, 2021 is $200,000 and will be collected in January. a. Prepare an Schedule of Expected Collections for the third quarter of 2022 (5 marks) Two Hundred Company Schedule of Expected Collections For the Quarter Ending March 31, 2022 Expected January February March Sales Collections Collections Collections Collections Total