2 The Morning Jolt Coffee Company has projected the following quarterly sales amounts for the coming year: 10 points Q1 Q2 Q3 Q4 Sales $850 $880 $960 $1,040 a. Accounts receivable at the beginning of the year are $365. The company eBook has a 45-day collection period. Calculate cash collections in each of the four quarters by completing the following (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Hint Print Q1 Q2 Q3 Q4 Beginning receivables Sales Cash collections Ending receivables425.00 440.00 $480.00 Reference 850.00 880.00 960.00 1,040.00 b. Recalculate the cash collections with a collection period of 60 days. (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Q1 Q2 Q3 Q4 Beginning receivables Sales Cash collections Ending receivables 850.00 880.00 960.00 1,040.00 c. Recalculate the cash collections with a period of 30 days. (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Q1 Q2 Q3 Q4 Beginning receivables Sales Cash collections Ending receivables 850.00 880.00 960.00 1,040.00