Climbers expects total sales of $701,500 for January and $349,000 for February. Assume that Climbers's sales are collected as follows: (Click the icon to view the collection history.) November sales totaled $393,000, and December sales were $405,000. Prepare a schedule of cash receipts from customers for January and February. Round answers to the new Cash Receipts from Customers January 701500 February 349000 Total sales More Info January February Cash Receipts from Customers: Nov-Credit sales, collection of Nov, sales in Jan. DocCredit sales, collection of Dec. sales in Jan. Dec.-Credit sales, collection of Dec sales in Feb Jan.Credt 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 50% in the month of the sale 30% in the month after the sale 15% two months after the sale 5% never collected Print Done