Question: 26. (Worth 4 Points) Sackson's Quality Items, a retail store, is developing a cash budget for December Sackson's sales in August and September were $36,000

26. (Worth 4 Points) Sackson's Quality Items, a retail store, is developing a cash budget for December Sackson's sales in August and September were $36,000 and $12,000 respectively, Sales of $24,000, $60,000 and $48,000 have been forecast for October, November, and December. Historically, 10% of the firm's sales have been for cash, 60% have been collected after 1 month, and the remaining 30% after 2 months. In December, Sackson's Quality Items will receive a $10,000 dividend from stock in a firm investment. What will the resulting sales schedule for December look like

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