Del Spencer is the owner and founder of Del Spencer's Men's Clothing Store. Dei Spencer's has its own house charge accounts and has found from past experience that 10 percent of its sales are for cash. The remaining 90 percent are on credit. An aging schedule for accounts receivable reveals the following pattem: 15 percent of credit sales are paid in the month of sale. 65 percent of credit sales are paid in the first month following the sale. 14 percent of credit sales are paid in the second month following the sale. 6 percent of credit saies are never collected. Credit sales that have not been paid until the second month foliowing the sale are considered overdue and are subject to a 3 percent late charge. Del Spencer's has developed the following sales forecast: Required: Prepare a schedule of cash receipts for August and September. Round all amounts to the nearest dollar. Prepare a schedule of cash receipts for August and September. Round all amounts to the nearest dollar. Del Spencer's Men's Clothing Store