J Lo's Clothiers has forecast credit sales for the fourth quarter of the year September (actual) Fourth Quarter $ $4,000 October Novenber Decenber $ 44,000 39,000 64,000 Experience has shown that 30 percent of sales are collected in the month of sale, 65 perqent are colected in the following month, and 5 percent are never collected Prepare a schedule of cash receipts for J. Lo's Clothiers covering the fourth quarter (October through December) J. Lo's Clothiers September October November December Credit sales In month of sales One month afer sales Total cash receipts