The Foress Antique Mall budgeted credit sales in the first quarter of 2021 to be as follows: Credit sales in December 20

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The Foress Antique Mall budgeted credit sales in thefirst quarter of 2021 to be as follows:
Credit sales in December 2020 are expected to be $236,000. Thecompany expects to collect 70 percent of a month’s salesin the month of sale and 30 percent in the followingmonth.Estimate cash receipts for each month of the first quarter of2021.
Collection of credit sales
January
February
March
Collection of December sales
$enter a dollar amount
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Collection of January sales
enter a dollar amount
enter a dollar amount
enter a dollar amount
Collection of February sales
enter a dollar amount
enter a dollar amount
enter a dollar amount
Collection of March sales
enter a dollar amount
enter a dollar amount
enter a dollar amount
$enter a total dollar amount
$enter a total dollar amount
$enter a total dollar amount