Eastern Auto Parts Inc. has 25 percent of its sales paid for in cash and 75 percent on credit. All credit accounts are collected in the following month. Assume the following sales: February March April s 71,000 61,000 106,000 51,000 Sales in December of the prior year were $81,000. Prepare a cash receipts schedule for January through April. Eastern Auto Parts Inc. January February March April Prior month's aredit sales Total cash receipts S 68,500 S 72,250S 92,250