Instructor tip Read carefully. First do the cash sales and project the increase. The increase is each month on the previous month. This means that you take the July cash sales and calculate the 23% increase (the expected August cash sales). Take the August expected cash sales (you just calculated) and multiply it by 23% increase for the September expected cash sales. Then do the credit sales and project the increase in the same manner with the expected percentage increase given in the question. Fletcher Company expects cash sales for July of $12,000, and a 25% monthly increase during August and September. Credit sales of $10,000 in July should be followed by 32% increases during August and September. What are budgeted cash sales and budgeted credit sales for September respectively? (Round final answers to the nearest dollar.) A. $15,840 and $12,500 B. $18,750 and $17,424 C. $9,600 and $7,576 D. $15,000 and $13,200