EX 22-19 Schedule of cash collections of accounts receivable OBJ.5 Office World Inc. has "cash and carry customers and credit customers. Office World esti- mates that 25% of monthly sales are to cash customers, while the remaining sales are to credit customers. Of the credit customers, 40% pay their accounts in the month of sale. while the remaining 60% pay their accounts in the month following the month of sale. Projected sales for the next three months are as follows: October November December $700,000 650,000 500,000 The Accounts Receivable balance on September 30 was $290,000. Prepare a schedule of cash collections from sales for October, November, and December