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How much cash is forecasted to be collected on accounts receivable in January 2009? (Use the following data to answer this question) sheets for American

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How much cash is forecasted to be collected on accounts receivable in January 2009? (Use the following data to answer this question) sheets for American C ble 2 Income statements for American Construction, Inc. 390,000 count 400,0002,000.000 10,000,000 300,000 00,000 40,000 4,800,000 60,000 600,000 4,000,000 200,000 200,000 9,000,000 000,000 Cucrent Assets Total Current Assets 40,000 Subcoatracts uipment 360,000 Total Direct Cost Gross Profit 220,800 Leas: Ace Auto and Traek 48,000 60,000 urrent Aasets lasurance Work Other Variable E Total Variable E 237,000 60,000 1,270,000 400,000 able 00,000 50.000 600.000 Insurance Note Payable 44,000 300,000 200,000 Other Fixed E Total Fixed Total Current 00,000 1,900.000 Total Liabil 4,018,800 Net Pret (before tax) 00,000 60,000 Diidenda Total ,118,800 2969,000 income statements (9/30 08 9300 Account 3005 Laber 96,000 96.000 Subeontract Other direct cost Total Direct Cost 58.000 Net Profit 38,500 Net Profie 13.680 $900,000 $1,200,000 $2,000,000 $1,000,000

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