I tried again to solve the problem that I got wrong the other day. but I didn't make it. It's related to budgeting, I need your help.

Shanghai Enterprises has asked for vour assistance in preparing a cash budget for the month of December men and has provided projected sales revenue data below: |iiictober 2o2o $144,o{iti November 2B2!) $205,000 5m All sales are on credit with 55% collected during the mo nth of sale, 13% collected during the month following the sale, 15% during the second month after the sale and 2% uncollectable. a} Prepare the cash receipts section of a cash budget for Shanghai Enterprises for the month of December 2pm. bl Explain how Shanghai Enterprises would go about constructing a cash budget for the rst three months of Hill. Note that Shanghai plans to purchase a major piece of equipment costing $5,i} in Februarv 2D21