Grippers expects total sales of $ 698 500 for January and $ 352000 for February. Assume that Grippers's sales are collected as follows: November sales totaled $ 395 000, and December sales were $ 407000. Prepare a schedule of cash receipts from customers for January and February. Round answers to the nearest dollar. (If a box is not used in the table leave the box empty; do not enter a zero.)

Cash Receipts from Customers January February Total sales January February Cash Receipts from C Nov-Credit sales, collection of Nov. sales in Jan Dec-Credit sales, collection of Dec. sales in Jan Dec-Credit sales, collection of Dec. sales in Feb Jan.-Credit sales, collection of Jan. sales in Jan. Jan-Credit sales, collection of Jan. sales in Feb Feb.-Credit sales, collection of Feb. sales in Feb Total cash receipts from customers 1 More info 50% in the month of the sale 30% in the month after the sale 18% two months after the sale 2 % never collected Print Done