Based on the past two years of operations, management expects to collect $50\%$ of a month's sales in the month of sale, $40\%$ in the

month following the sale, and the remaining $10\%$ in the second month following the sale. May and June sales totalled $$190,000$ and

$$250,000,$ respectlvely. The company is not expecting any bad debts.

Required:

a$.$ Prepare a schedule of expected cash collections from sales, by month and In total, for the three months.

b$.$ Compute the accounts recelvable balance as of September $30.$