In the coming year, Sheridan, Inc. will be introducing its first product, a wrist brace that protects serious video gamers from repetitivemotion injuries. The brace will be sold for $ $16\mathrm{.}00$ to retailers throughout the country. All sales will be made on account. An expected $65\%$ of sales will be collected within the quarter of the sale, and another $30\%$ in the quarter following the sale. The remaining $5\%$ of credit sales are expected to be uncollectible. The sales budget for the coming year is as follows: Prepare Sheridan, Inc.$\text{'}$s cash receipts budget for the coming year. $($Enter answers in necessary fields only. Leave other fields blank. Do not enter $0.$ Round "Budgeted sale price" and "Cash Receipts Budgets" answers to $2$ decimal places, e$.$g$.52\mathrm{.}75$ and all other answers to $0$ decimal places, e$.$g$.5,275.)$ H b Determine the Net Accounts Receivable at the end of the year.