Please answer last question

Requirement 2. Prepare a cash collection budget for December and January. Round all answers up to the nearest dollar. Gustev Reeds, a manufacturer of saxophone, oboe, and clarinet reeds, has projected sales to be $908,000 in October, $95 January. Gustev's sales are 25% cash and 75% credit. The company's collection history indicates that credit sales are colle 20% in the month of the sale 60% in the month after the sale 12% two months after the sale 8% are never collected Requirements 1. Prepare a sales budget for all four months, showing the breakdown between cash and credit sales. 2. Prepare a cash collection budget for December and January. Round all answers up to the nearest dollar. Requirement 1. Prepare a sales budget for all four months, showing the breakdown between cash and credit sales. Gustev Reeds Sales Budget For the Four Months Ended January Requirement 2. Prepare a cash collection budget for December and January. Round all answers up to the nearest dollar. Gustev Reeds Budgeted Cash Collections from Customers