Compute cash collections from customers for each month. Credit Sales January February March $ $ January Collections from Customers LA $ February LA March

Sandhill Co, is considering an investment that will return a lump sum of $888,0005 years from now. Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) What amount should Sandhill Co. pay for this investment to earn an 6% return? (Round onswer to 2 decimal places, e.8. 25.25.) Lincoln Company should pay