12. Calculating Cash Collections The Dorian Company has projected the following quarterly sales amoents for the coming year: a. Accounts receivable at the beginning of the jear are $1,500. The company has a 45 -day collection period. Fag 555 Calculate cash collections in each of the four oparters by Ampleting the following: b. Rework part (a) assuming a collection period of 60dws e. Renock part (a) asuming a collection period of 30 days. 15. Cash and Operating Cycles Valenzuela, Ine, has a cast cyele of 41.5 days, an operating cycle of 59.3 days, and an inventory period of 25.6 days. The company reported cost of goods sold in the amount of $465.000, and credit sales were $749,000. What is the company's average balance in accounts payable and accounts receivable