Short-Term Forecasting Pro Forma Analysis-lllustration Estimates of sales and Cash Collections For Months January-June, Year 1 January February March April May June Sales $100,000$125,000$150,000$175,000$200,000$250,000 Collections of sales: 1 st month40%$40,000$50,000$60,000$70,000$80,000$100,000 2nd month% 30,00037,50045,00052,50060,000 3rd month -% 20,00025,00030,00035,000 4th month% 5,0006,2507,500 Total cash collections $40,000$80,000$117,500$145,000$168,750$202,500 Vrite-offs--5% 5,0006,2507,500Short-Term Forecasting Pro Forma Analysis--Illustration Estimates of Sales and Cash Collections For Months January–June, Year 1 January February March April May June Sales $100,000 $125,000 $150,000 $175,000 $200,000 $250,000 Collections of sales: 1st month—40% $ 40,000 $ 50,000 $ 60,000 $ 70,000 $ 80,000 $100,000 2nd month—30% 30,000 37,500 45,000 52,500 60,000 3rd month—20% 20,000 25,000 30,000 35,000 4th month—5% 5,000 6,250 7,500 Total cash collections $ 40,000 $ 80,000 $117,500 $145,000 $168,750 $ 202,500 Write-offs—5% 5,000 6,250 7,500