PLEASE DO JAN FEB MARCH AND QUARTER :)

E9-28A (similar to) Question Help LaChut Corporation has found that 80% of its sales in any given month are credit sales, while the remainder are cash sales. Of the credit sales, LaChut Corporation has experienced the following collection pattern: November sales for last year were $110,000, while December sales were $115,000. Projected sales for the next three months are as follows: 20% received in the month of the sale 40% received in the month after the sale January sales... ......... $ 145,000 February sales... .......... $ 120,000 March sales ....$ 185,000 Requirement Prepare a cash collections budget for the first quarter, with a column for each month and for the quarter. (Round your answers to the nearest whole dollar.) 24% received two months after the sale 16% of the credit sales are never received LaChut Corporation Cash Collections Budget For the Months of January through March January 29000 Cash sales Collections on credit sales: 20% Month of sale 23200 40% Month after 24% Two months after Total cash collections Enter any number in the edit fields and then click Check