Martinez Corporation's sales of gizmos are 25% forcash and 75% on credit. Past collection history indicates that credit sales are collected as follows:

In January, sales were $80,000 and February sales were $70,000. Projected sales for March are 3,000 gizmos at $13 each. Projected sales for April are 4,000 gizmos at $14 each. Prepare the budgeted cash collections for April in the space provided.

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In The Month OfSale In the Month AfterSale 50% In The Second Month AfterSale 15% Uncollectible 5% 30%