Yung Reeds, a manulacturer of saxophone, oboe, and clarinet reeds, has projectod sales to be $900,000 in October, $968,000 in November, $1,030,000 in December, and $9334,000 in January. Yung's sales are 25% cash and 75% crect. The company's collection history indicates that credit sales are collected as follows 20 in the month of the sale 60% in the month affer the sale 14% two months atter the sale 6\% are never collected Requirements 1. Prepare a sales bodget for all four months, showing the breakgown between cash and credt sales. 2. Prepare a cash collection budget for December and January. Round al answers up to the nearest dollar, Requirement 1. Prepare a sales budget for all fout months, showing the breakdown between cash and credit sales