I. Sharjah Manufacturing Company makes collections on sales according to the following schedule: 30% in the month of sale 60% in the month following sale 10% in the second month following sale The following sales are expected: January ....... $100,000 February ...... 120,000 March ......... 110,000 Cash collections in March should be: 1. What is the cash collection in March? 2. What is the Total amount of Accounts Receivable in February and March? Items January February March Accounts receivable (A/R) January bruary rch Total