1. How much is Starstruck Corp expected to receive from ASAP General Merchandising for the month of October?

2. How much is Starstruck Corp expected to receive from Bubble Gang Inc for the month of December?

3. How much is Starstruck Corp expected to receive for the month of January?

Starstruck Corporation has the following collection policy for customers purchasing from them on credit terms: 25% payable on the invoice date, 25% payable one month after invoice date, 25% payable one month and a half after invoice date, and the last 25% payable two months after invoice date. By the end of 2003, Starstruck Corporation had the following outstanding accounts: Company Invoice Date Amount Amount Paid as of Dec 31, 2003 ASAP Gen. Mdse. October 31, 2002 P 2,500,000 P 2,450,000 Bubble Gang, Inc. November 22, 2002 P 2,000,000 P 1,500,000 Master Showman December 3, Corp P 2,800,000 2002 P650,000 Note: Take note/screenshot of the information provided here, this will not be shown again. This will be the basis for your answers in the succeeding questions