16. Camen Company projects the following sales: (Click on the icon to view the projected sales.) Camen collects sales on account in the month after the sale. The Accounts Receivable balance on January 1 is $13,000, which represents December's sales on account. Camen projects the following cash receipts from customers: (Click on the icon to view the cash receipts from customers.) Recalculate cash receipts from customers if total sales remain the same but cash sales are only 5% of the total. Begin by computing the cash sales and sales on account for each month if cash sales are only 5% of the total. Data Table x January February March Cash sales (5%) March Sales on account (95%) Cash sales (10%) $ January February 2,900 $ 2,200 $ 26.100 19.800 $ 29,000 $ 22.000 $ 30,000 3,000 27,000 Total sales Sales on account (90%) Now, recalculate cash receipts from customers for each month if cash sales are only 5% of the total. $ 29,000 $ 22,000 $ 30,000 Total sales January February March Print Done Cash receipts from cash sales Cash receipts from sales on account Total cash receipts from customers Data Table - X March Cash receipts from cash sales $ January February 2,900 $ 2,200 $ 13,000 26,100 3,000 19,800 Cash receipts from sales on account $ 15,900 $ 28,300 $ 22,800 Total cash receipts from customers Print Done Enter any number in the edit fields and then continue to the next