Cash Receipts from Customers Total sales 333,0001 $ 407,000 Cash Receipts from Customers: Nov.- Credit sales, collection of Nov. sales in Jan. Dec.-Credit sales, collection of Dec. sales in Jan. Dec.--Credit sales, collection of Dec. sales in Feb Jan.-Credit sales, collection of Jan. sales in Jan. Jan.-Credit sales, collection of Jan. sales in Feb. Feb.- Credit sales, collection of Feb. sales in Feb Total cash receipts from customers 20,800 99,000 $ 26,400 199,800 99,900 244,200 $ 319,600$ 370,500 Original cash receipts assumptions: 60% in the month of the sale 30% in the month after the sale 8% two months after the sales 2% never collected