15

Victors expects lotal sales of \$702 000 for lanuary and $349,000 for February. Assume that Victors's sales are collected as foloms: (i) (Cick the ieon to view the colection history) November sales totaled $385,000 and December sales were $407,000. Piepare a schedule of cash receipts from customers for January and February. Round arswers to the noarost dollar. If an input field is not used in the table leave the input feld empty, do not enter a zeto) 50% in the month of the sale 30% in the month after the sale 16% two months after the sale 4% never collected