Berry expects total sales of $359,000 in January and $405,000 in February Berry has the following schedule of Now assume that Berry's sales are collected as follows: cash receipts: (Click on the icon to view new cash receipts assumptions) November sales totaled $350,000, and December sales were $325,000. Prepare a revised schedule of cash receipts for January and February. Round answers to the nearest dollar. EEB (Click on the icon to view the schedule of cash receipts.) Cash Receipts from Customers JanuaryFebruary Total sales JanuaryFebruary Cash Receipts from Customers sales, collection of Nov. sales in Jan. it sales, collection of Dec. sales in Jan. -Credit sales, collection of Dec. sales in Feb. n.-Credit sales, collection of Jan. sales in Jan. Jan-Credit sales, collection of Jan. sales in Feb. redit sales, collection of Feb. sales in Feb. Total cash receipts from customers Enter any number in the edit fields and then continue to the next question. Data Table 1 Cash Receipts from Customers January February Total sales S 359,000 S 405,000 January February Cash Receipts from Customers: Nov-Credit sales, collection of Nov. sales in Jan. Dec.-Credit sales, collection of Dec. sales in Jan. Dec.-Credit sales, collection of Dec. sales in Feb. Jan.-Credit sales, collection of Jan. sales in Jan Jan.-Credit sales, collection of Jan. sales in Feb. Feb.-Credit sales, collection of Feb. sales in Feb Total cash receipts from customers 21,000 32,500 S 19,500 287,200 35,900 324,000 S 340,700 S 379,400 More Info 1 Revised cash receipts assumptions: 60% in the month of the sale 20% in the month after the sale 18% two months after the sale 2% never collected Print Done