Space Cadet Pty Ltd produces three toy space people, which are sold to local retail stores. The marketing department expects the following sales performance for the next year:

Toy	Selling price				Annual sales (units)
Space Boy Space Lady Electric Space Man		$50 60 90			80000 60000 40000

The budgeted annual sales are distributed by month in the following percentages:

Month		Percentage of annual sales
January February March April May June July August September October November December			2 3 4 4 5 12 6 6 8 12 16  22
			100%

The cash from sales is collected, 70% in the month of sale and the remainder in the following month.

Required

Prepare a monthly sales budget in units and dollars for all three space people combined for the months July to December. Show the receivables in the balance sheet at the end of July to December and the budgeted cash collections from sales for July to December.