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Schedule of Cash Collections of Accounts Receivable OfficeMartinchos cash and carry customers and credit customers, OceMart estimates that 25% of monthly sales are to cash customers, while the remaining sales ore to credit customers or the credit customers, 25% pay their accounts in the month of sale, while the remaining 75% pay their accounts in the month following the month of sale, Projected sales for the next twee months are as follows: October $120,000 November 150,000 December 220,000 The Accounts Recevable balance on September 30 was $80,000. Prepare a schedule of cash collections from sales for October November, and December, Round al calculations to the nearest whole dollar OfficeMart Inc. Schedule of Cash Collections from Sales For the Three Months Ending December 31 October November December Receipts from oth sales Cash sales >8.00 37.500 55.00 September sales on account: Collected in October 10.000 October sales on account: Collected in October Collected in November November sales on account Collected in November Conected in December December son count Collected in December 100 Totalcar recept