Bruno Industries expects credit sales for January, February, and March to be $209,300, $247,100, and $297,000, respectively. It is expected that80% of the sales will be collected in the month of sale, and20% will be collected in the following month. Calculate cash collections from customers for each month.

BRUNO INDUSTRIES

Schedule of Expected Collections

Sales Jan Feb Mar Total

January ______________ ___________________ ___________________ __________________ _______________

February ______________ ___________________ ___________________ __________________ _______________

March ______________ ___________________ ___________________ __________________ _______________

Total Collections ___________________ ___________________ __________________ _______________