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CarmenCarmen company projects the following sales for the first three months of the year: $12comma400$12,400 in JanuaryJanuary; $14 comma 600$14,600 in FebruaryFebruary; and $10 comma
CarmenCarmen company projects the following sales for the first three months of the year: $12comma400$12,400 in JanuaryJanuary; $14 comma 600$14,600 in FebruaryFebruary; and $10 comma 400$10,400 in MarchMarch. The company expects 7070%, of the sales to be cash and the remainder on accout. Sales on account are collected 50% in month of the sale and 50% in the following month. The Accounts Receivable account has zoro balance on JanuaryJanuary. Round to the nearest dollar.
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