Coronado Industries expects credit sales for January, February, and March to be $$203,000,$$$249,200,$ and $$300,200,$ respectively. It is expected that $80\%$ of the sales will be collected in the month of sale, and $20\%$ will be collected in the following month. Calculate cash collections from customers for each month.

CORONADO INDUSTRIES

Schedule of Expected Collections

Collections by Month

Sales

Jan

Feb

Mar

$

$

$

$

$

$

$