4 Eastern Auto Parts Inc. has 25 percent of its sales paid for in cash and 75 percent on credit. All credit accounts are collected in the following month. 0.33 points Assume the following sales: Skipped January $63,000 February 53,000 March 98,000 April 43,000 eBook Sales in December of the prior year were $73,000. Hint Prepare a cash receipts schedule for January through April. Print Eastern Auto Parts Inc. January February March April Perence Reference Sales Cash receipts: Cash sales Prior month's credit sales Total cash receipts $ 0 $ 60,500 $ 64,250 $ 84,250