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Getty Company expects sales for the first three months of next year to be $205,000, $230,000 and $315,000, respectively. Getty expects 50 percent of its

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Getty Company expects sales for the first three months of next year to be $205,000, $230,000 and $315,000, respectively. Getty expects 50 percent of its sales to be cash and the remainder to be credit sales. The credit sales wll be collected as follows 10 percent in the month of the sale and 90 percent in the following month. Compute a schedule of Getty's cash receipts for the months of February and March Febru March Budgeted Cash Receipts

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