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Here is a forecast of sales by National Bromide for the first 4 months of 2015 (figures in thousands of dollars): Month: 1 2 3

Here is a forecast of sales by National Bromide for the first 4 months of 2015 (figures in thousands of dollars):

Month: 1 2 3 4
Cash sales 22 31 25 21
Credit sales 135 155 125 105

On average, 60% of credit sales are paid for in the current month, 20% in the next month, and the remainder in the month after that. What are the expected cash collections in months 3 and 4?(Enter your answers in whole dollars.)

Expected cash collections
Month 3 $
Month 4 $

I need to know the expected cash collection for Month 3 and Month 4

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