16. Candy Company projects the following sales: (Click on the icon to view the projected sales.) Candy collects sales on account in the month after the sale. The Accounts Receivable balance on January 1 is $12,300, which represents December's sales on account Candy projects the following cash receipts from custom (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 10% of the total Data Table Begin by computing the cash sales and sales on account for each month if cash sales are only 10% of the total January February 2200 3000 21600 32400 22.000 $ 36 000 $ March 3100 2 7900 Cash sales (10%) Sales on count(90) Total sales $ January February 4,400 $ 7.200 5 12.300 17.600 16,700 $ 24,800 $ March 6.200 20.000 35.000 Cash receipts from cash sales Cash receipts from sales on account Total cash receipts from customers $ 31,000 $ Now, recalculate cash receipts from customers for each month cash sales are only 10% of the total February March January 2200 | Print Done Cash receipts from cash sales Cash recelts from sales on count Data Table Tots receipts from customers March Cash sales 1200 January February 4001 17.000 2800 000 $ 6.000 Sales con 100) 3 31000 Emor any number in the edit felds and then continue to the next