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Carmens Dress Delivery operates a mail-order business that sells clothes designed for frequent travelers. It had sales of $730,000 in Dec. Because Carmens Dress Delivery

Carmens Dress Delivery operates a mail-order business that sells clothes designed for frequent travelers. It had sales of $730,000 in Dec. Because Carmens Dress Delivery is in the mail-order business, all sales are made on account. The company expects a 24 percent drop in sales for Jan. The balance in the Accounts Receivable account on Dec. 31 was $97,400 and is budgeted to be $72,400 as of Jan 31. Determine the amount of cash Carmens Dress Delivery expects to collect from accounts receivable during Jan.

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