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Why 2 has the following data: Month Budgeted Sales January $108,000 February $132,000 March $144,000 April $120,000 Historically, the cash collection of sales has been

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Why 2 has the following data: Month Budgeted Sales January $108,000 February $132,000 March $144,000 April $120,000 Historically, the cash collection of sales has been as follows: 60% of sales collected in month of sale 20% of sales collected in month following sale 15% of sales collected in second month following sale 5% of sales uncollectible What are expected cash collections of sales in April? $126,000 $100,000 $120,600 $72,000 Ready

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