uModule 11- Cash Payments and Receipts Preparing a financial budget-schedule of cash receipts Berry expects total sales of $359,00 in January and $405,00in February that Berry's sales are collected as follows: 80% in the month of the sale 10% in the month after the sale 6% two months after the sales 4% never collected November sales totaled $350,000, and December sales were $325,000. Prepare a schedule of cash receipts from customers for January and February. Round answers to the nearest dollar. Cash Receipts from Customers January Februeny 259,000 405,000 JanuaryFebruary Total sales Cash Receipts from Customers: Nov-Credit sales collection of Nov sales in Jan Dec- Credit sales, collection of Dec saies in. Jan Dec- Credit sales, collection of Dec sales in Feb Jan-Credit sales, collection of Jan, sales in Jan. Jan-Credit sales, collection of Jan. sales in Feb. Feb.-Credit sales, collection of Feb. sales in Feb. Total cash receipts from customers