Calculating Cash Collections [LO3] The Morning Jolt Coffee Company has projected the following quarterly sales amounts for the coming year: a. Accounts receivable at the beginning of the year are $360. Morning Jolt has a 45-day collection period. Calculate cash collections in each of the four quarters by completing the following: b. Rework (a) assuming a collection period of 60 days. c. Rework (a) assuming a collection period of 30 days