Yang led a mandach of phone, oboe, and durat edi. bus projected sales to be 5904,000 in October 1960,000 in November $1.070,000 in December, and 5922.000 in January. Yung's a wo 25% cash and 75creat. The company's collection history indicates that creates are collected as follows 2015 in the month of these tem two months 5 cod Regen 1. Fra sales before showing the down between chandra 2. Prepares cash collection budget for December January Roundup to the nearest der Regiment 1. Para a form owing the tradon between cash and credite Yung Reeds SB For the Four Months Oct Neber December 26760 OCHOA Yung Reeds, a manufacturer of saxophone, oboe, and clarinet reeds, has projected sales to be $904,000 in October, $960,000 in N 75% 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 10% two months after the sale 5% 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 all answers up to the nearest dollar. Yung Reeds Sales Budget For the Four Months Ended January October November December January Cash sales 226,000 240,000 267 500 Credit sales 678,000 720.000 802.500 904.000 Total sales 960.000 1,070.000 Enter any number in the edit fields and then click Check