8 Getty Company expects sales for the first three months of next year to be $205,000,...

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8 Getty Company expects sales for the first three months of next year to be $205,000, $270,000 and $300,000, respectively. Getty expects 30 percent of its sales to be cash and the remainder to be credit sales. The credit sales will be collected as follows: 10 percent in the month of the sale and 90 percent in the following month. Compute a schedule of Getty's cash receipts for the months of February and March. 7.14 points Skipped Budgeted cash receipts eBook Print References February March 8 Getty Company expects sales for the first three months of next year to be $205,000, $270,000 and $300,000, respectively. Getty expects 30 percent of its sales to be cash and the remainder to be credit sales. The credit sales will be collected as follows: 10 percent in the month of the sale and 90 percent in the following month. Compute a schedule of Getty's cash receipts for the months of February and March. 7.14 points Skipped Budgeted cash receipts eBook Print References February March